Replies to post #18006 on Worlds Inc (WDDD)

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Patent stocks rally after Supreme Court's Teva ruling • 2:15 PM
Eric Jhonsa, SA News Editor
Worlds (OTCQB:WDDD +11.9%), Spherix (SPEX +6.5%), Wi-LAN (WILN +7.2%), ParkerVision (PRKR +4.3%), and Finjan (FNJN +2.2%) have joined Vringo (previous) in rallying after the Supreme Court ruled (by a 7-2 margin) in Teva Pharmaceuticals' favor in a patent suit against generic drugmakers, reversing a federal appeals court ruling invalidating a Teva patent and sending it back for further review.
SA author Patent Plays thinks the ruling has big implications."The Supreme Court just eliminated a key power the US Court of Appeals has been frequently using in such cases as Vringo (VRNG), VirnetX, and many others. The ability to cast aside substantial evidence findings over the District Courts rule is effectively over ... This win cascades with ramifications to multiple PAE's (Patent Assertion Entities) with litigation pending and in force."
The S.C. decision follows a string of 2014 setbacks for patent licensing firms.