GREY:ZMSPF - Post by User
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All-in-Oneon Jul 15, 2012 2:05pm
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Post# 20115151
Patents Lawsuits are paying off ! Big time
Patents Lawsuits are paying off ! Big time
RIM hit with $147.2 lawsuit verdict at 'worst time,' analyst says
By Paola Loriggio, The Canadian Press | The Canadian Press –
By Paola Loriggio, The Canadian Press
Just as the dust began to settle from a tumultuous annual meeting, Research In Motion was hit with another setback Friday as a northern California jury ordered the troubled BlackBerry maker to pay $147.2 million in a patent lawsuit.
The Waterloo, Ont.-based company was fresh out of Tuesday's meeting — which saw board members take some heat even as they hung on to their seats —when the verdict came down in the suit over a remote management system for wireless devices.
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https://ca.finance.yahoo.com/news/rim-hit-147-2-lawsuit-175507323.html