Here is where I am stuck and have been for some time. We were told at some point, quite a while back, that there were no negotiations going on between NOK and IDCC. I do not believe that information came by way of any 8K or other SEC material event type disclosure. Certainly the nonexistence of negotiations would have been true at the time stated. But whether there are or are not negotiations ongoing obviously can be a dynamic and fluid situation and negotiations may begin between the parties thereafter at any time. If such negotiations were ever to begin, why would the event of negoatiations beginning require some further disclosure? That is to say, if such an event (or non-event) did not rise to the level requiring formal disclosure in the first instance, why would the level of disclosure change if the dyanmic changed? I can not imagine that IDCC, NOK or any other company would ever be required to disclose each time that it begins talks or when they may be broken off, or maybe even simply be put on pause. However, this is far from my field of expertise and I do not know the legal nicities of such disclosure requirements. Can anyone with substantive knowledge of the disclosure requirements vis a vis the SEC enlighten me?
TIA
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