Zeev's Turnips Patch-No Politics (ZEEV)

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10:49 ET Rambus follow-up (RMBS) 13.00 -2.43: Bloomberg.com reports that an FTC official has ruled that co is entitled to an administrative trial challenging U.S. antitrust claims over the company's patents. Weakness in the stock appears due to judge's decision to limit the defenses that Rambus can offer because of its failure to keep documents about its attendance at industry standard-setting meetings. The FTC contends that Rambus destroyed the documents to hide its efforts to obtain patents on what became the industry chip standard. The judge denied a request by FTC staff lawyers to skip the trial and move directly to the punishment phase of the case.