More from the RMBS food fight thread..... seems that the rumor & 'unnamed sources said' seem to be far different from the facts.....
=DJ Rambus/Suit -2: Fighting Over DRAM Semiconductor Sys
By Michael Buettner
Of DOW JONES NEWSWIRES
RICHMOND, Va. (Dow Jones)--A federal judge ruled Thursday that Infineon Technologies AG (IFX) can tell jurors of racketeering allegations against Rambus Inc. (RMBS) when Rambus' patent-infringement lawsuit goes to trial.
Rambus is suing Infineon for alleged patent infringement concerning computer technology. In response, Infineon counterclaimed that Rambus violated the Racketeer Influenced and Corrupt Organizations law. In an effort to keep such accusations out of the trial, Rambus had
asked judge Robert E. Payne for a summary judgment concerning Infineon's counterclaim.
But judge Payne decided not to render summary judgment, thus opening the window for Infineon to bring up the RICO allegations during the trial. Judge Payne's order was entered into the case record Thursday but was unavailable for public inspection. The case is scheduled to go to trial on March 20.
ElectronicNews.com, published by Cahners, reported Wednesday that Payne had decided to limit the scope of Rambus' patent claims. The article quoted an unnamed source who said Payne had agreed with Infineon's expert witnesses that Rambus' patents don't cover certain Infineon products.
Court records indicate that a hearing was held Wednesday on motions by Rambus to exclude testimony by two expert witnesses called by Infineon. No orders on those motions had been issued by late Thursday, and the federal district court clerk's office said none are expected today.
Rambus filed suit against Infineon last year claiming that the German-based company had infringed Rambus' patents on dynamic random access memory semiconductor connection systems. Infineon subsequently filed a countersuit against Rambus claiming RICO and antitrust violations.
Rambus shares fell $11.26, or 31.9%, to $24.09 on Thursday in apparent reaction to the ElectronicNews.com story. Volume amounted to 20.2 million shares, up from average volume of 3.1 million. Infineon fell 5 cents, or 0.1%, to $35.50 on light volume.
-By Michael Buettner, Dow Jones Newswires; 804-698-7385;
Michael.Buettner@dowjones.com
a little different than the so called rumors, wasn't it :-)
reh/long
Ö¿Ö |
