Trial Update: Verdict In - Vringo Wins
By edvacourt . 1 minute 16 seconds ago . Permalink
Infringement determined against all defendants on all claims. Patents are valid and there was no finding of obviousness. Damages: Running Royalty based on 3.5%. Jury awarded $30 million in damages covering all defendants. It sets up for Judge Jackson to use that figure for future royalties. My guess that the total all-in to Vringo is going to be $550-$600 million.
"You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes." -Morpheus