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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Quarterhill Inc | NASDAQ:QTRH | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.20 | 1.15 | 1.29 | 0 | 01:00:00 |
A jury ruled in favor of Apple Inc. (AAPL) on patent-infringement claims from patent-licensing firm Wi-Lan Inc. (WIN.T, WILN).
Shares of Wi-Lan were down 3.3% to $3.82 in after-hours trading.
Wi-Lan previously settled with the other six defendants in the case. The company said it is "disappointed" with the decision and that it is reviewing its options with its counsel.
Additionally, Wi-Lan said it doesn't believe the ruling would have a negative impact on its previous settlements in the case.
In September 2011, Wi-Lan sued Apple, Alcatel-Lucent (ALU, ALU.FR), Dell Inc. (DELL), Hewlett-Packard Co. (HPQ), HTC Corp. (2498.TW), Novatel Wireless Inc. (NVTL) and Sierra Wireless Inc. (SW.T, SWIR) over patent infringement on certain technologies.
However, the jury ruled that Apple hadn't infringed the patent and that two of Wi-Lan's claims were unfounded.
Write to Michael Calia at michael.calia@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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