Rambus (RMBS)

[Threejack]

Covenant Not To Sue


Posted by elixe at TMF

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Rambus Form 10Q
6/30/2005

On June 7, 2005, Samsung sued Rambus in the Eastern District of Virginia. Samsung filed a first amended complaint on June 22, 2005. In that suit, Samsung seeks a declaratory judgment that four Rambus patents are invalid, unenforceable and/or not infringed. That suit has been assigned to Judge Payne. Rambus answered on July 12, 2005, which answer included a covenant not to sue Samsung on certain parts for infringement of two of the four Rambus U.S. patents for which Samsung sought declaratory relief: 5,954,804 and 6,032,214. The remaining two Rambus patents in the Virginia Samsung case were already at issue in the previously filed June 6 complaint filed by Rambus in California. On the same day it answered the Virginia Samsung complaint, Rambus filed a motion to transfer the Virginia Samsung case to California.

Slide 25.
http://www.shareholder.com/Common/Edgar/917273/1193125-05-154727/05-00.pdf

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Appears mystery is solved. If the docket entry contributed to yesterday's share price jump, then today's selloff makes some sense. Nice job, elixe.

Threejack