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Bullboard - Stock Discussion Forum BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Digby reported
View:
Post by blackberry on Feb 14, 2021 9:35pm

Digby reported

I think this sums it up pretty well. From Steelers12 on ST:

If you read the motion to vacate from Feb 8th, the very first page, it sounds like the dismissed case was necessary for settlement.

Plaintiff BlackBerry Limited filed this unopposed motion asking the Court to vacate the SJ Order to facilitate a settlement with defendant Facebook, Inc The parties filed a Joint Status Report indicating that they: (1) have reached a confidential settlement to dismiss all remaining claims and counterclaims in this actionh and (2) waive oral argument and jointly requested that the hearing on the motion be taken off-calendar.

Sounds like FB was willing to settle and it was contingent upon dismissing the case. Meaning BB is getting paid."
Comment by blackberry on Feb 14, 2021 9:46pm
Last Updated: Feb. 14, 2021, 3:09 a.m. PST Assigned To: George H. Wu Referred To: Karen L. Stevenson Date Filed: March 6, 2018 Date of Last Known Filing: Feb. 13, 2021 Cause: 35:271 Patent Infringement Nature of Suit: 830 Patent Jury Demand: Plaintiff Jurisdiction Type: Federal Question
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