Quarterhill Inc T.QTRH

just noticed

[Socrates1]

Feb 4, 2022

Quarterhill Says US Appeals Court Rules in its Favor and Against Apple in Patent-Infringement Case

2:24PM ET on Friday Feb 04, 2022 by MT Newswires

 

02:24 PM EST, 02/04/2022 (MT Newswires) -- Quarterhill (QTRH.TO) on Friday said the US Court of Appeals for the Federal Circuit ruled in favor in a patent-infringement suit its WiLAN unit filed against Apple (AAPL).

The company said the three-judge panel "agreed with WiLAN's claim construction arguments relating to the patents-in-suit" and in favor of its patent infringement claims.

"With these two rulings today, the (court) has conclusively decided that Apple infringes the patents-in-suit and is liable to pay damages to WiLAN," it said in a release.

The court also reversed a decision from the US District Court of the Southern District of California that ruled Apple products containing Intel (INTC) wireless chips that used some WiLAN technology should be excluded from damage calculations. Though the appeals court disagreed with the company's calculation of damages and remanded the case back to district court for a trial to determine damages.

"Overall, we see the CAFC decision as favourable to WiLAN and consistent with the arguments heard at Oral Argument. We remain committed and focused on advocating our positions which we believe are fair and balanced. At the same time, we always remain open to resolving any litigation disputes through reasonable negotiated solutions," WiLAN chief executive Michael Vladescu said in a release.

Quarterhill shares were halted prior to its release and no timing for a lift to the halt has been released. The shares last traded down C$0.23 to C$2.30 on the Toronto Stock Exchange

Price: 2.30, Change: -0.28, Percent Change: -10.85

[Socrates1]

But court ruling release was 10:20 and the shares at 2.53........  The lipstick on the ruling PR cost SH 10%..  was it worth it would the price be any different halting immidietly and say new trial to determine damages........  Anyways just another day ........

[v_guerriero]

The court ruling was out at 9:25AM, before markets opened.  I had it.  I alerted you all to it.  I checked every morning at 9:30AM. Then the decision was posted for free at 11AM.  Then it took 45 mins for them to halt.   Some of you acted, most did not.  The stock should never have traded or opened.  They should have had someone from IR spend 10 cents a

[mrmoribund]

Since the company believed the decision was, on balance, a modest positive, they may have reasonably felt that there was no need for a halt. I'm guessing the halt was actually called by the exchange at the moment the stock had moved (down) more than 10%. If some shareholders want to sell in a wild panic in response to one detail (new damages trial), and without bothering to read the decision

[v_guerriero]

A new trial on damages with a jury of 12 people of average intellect.  It is a coin toss.  A battle of the experts. The next trial in two years time could go in Apple's favour.    Maybe Apple's expert is more convincing in demonstrating that the Unecto and Vertu licenses were more representative and these patents are worth 0.05/unit.   That is not a small

[wilander]

The info was released on Pacer at 9am for those paying attention. I was able to get out at an average of $2.56 shortly after the open. We knew of the verdict well before any halt or public news, as the heads up was provided by VG just after the open that it was on Pacer already.

[Homework]

That's great wilander...........you were able to sell all of your 1000 shares.lol...........come on man nobody cares about your trading non talents.     

[wilander]

Wasnt boasting homejerk -- nor caring about your twisted opinion on any range f subjects -- just pointing out the info was there for those who wanted to act.  No skullduggery going on for the conspiracy types to embrace.