InvestorsHub Logo
Followers 2770
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: High_Profits post# 35677

Thursday, 05/30/2013 7:35:31 PM

Thursday, May 30, 2013 7:35:31 PM

Post# of 68424
Follow the conversation, stick with facts. What we are discussing is the Microsoft settlement. We are discussing these two pieces of info. Judgement previously awarded according to JJ was $30.9 million.Cap on this number for Microsoft settlement. Not a cap on what judge awards with future royalties. The jury was so kind and assigned a dollar number what everyone owed... in total it added up to $30.9 million. Juries we now learned suck at math.Vringos lawyers are great and made excellent arguments to get us way more money but Microsoft deal says capped on the old judgment number.

The parties also agreed to a limitation on Microsoft's total liability, which would not impact the Company unless the amounts received from Google substantially exceed the judgment previously awarded.