Replies to post #156122 on Value Microcaps Motherboard

[researcher59]

RVP +1.66 to 3.46, isn't the award $113M or roughly $4.18 per share, pre-tax ?

There's also some chance that the award will be reduced or thrown out on appeal.

[nelson1234]

RVP (3.62 + .45)....news should come out pretty soon, I think they were supposed to have a hearing on 1/13 regarding the jury award...and whether the judge holds up the jury's award...or perhaps trebles it, and/or adds interest an legal fees to it.

Unless the defense attorney is once again ill (like a month ago), or the hearing has been delayed for some other reason.

[Knowledge is King]

RVP($4.35) soars 25% to 9-year high; lawsuit victory seems in the bag after this announcement last night...


Law360, San Diego (November 10, 2014, 9:49 PM ET) -- A Texas federal judge on Monday granted Retractable Technologies Inc.’s bid to recover profits from Becton Dickinson & Co. for falsely claiming its safety syringes had the “world’s sharpest needle,” but ruled that the $340 million RTI will get from trebling its jury win is enough.2) RVP will also receive 50% of the attorney's fees to be determined from the $36,491.587 amount RVP requested. 3) RVP granted injunctive relief in-part and denied-in-part by no later than January 15, 2015. BDX must comply to five sets of orders, to notify their customers of wrongdoing.

The court is of the opinion that the parties would benefit from further mediation. Therefore, the court ORDERS the parties to attend mediation before Judge T. John Ward with representatives with full authority to settle by January 15, 2015

To sum it up BDX is on the hook for at least 350-360 million dollars.