![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, October 12, 2012 12:20:28 PM
"We would expect VRNG to receive a 0.75 percent royalty payment or $500 million payment for the trailing years and at least $100 million annually through 2016," D'Agostino wrote in a note to clients.
Notably, Vringo holds the upper hand in the dispute as a district judge denied Google's motion for summary judgment in the patent dispute. The judge ruled that summary judgment would be inappropriate as there are genuine issues of material fact in dispute.
"We contend that this ruling only strengthens VRNG's patent infringement claim against Google with the trial commencing on October 16, 2012, in our opinion," D'Agostino noted.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM