Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 104.71

+0.6%

Dec 9 4:00 PM EST

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To: Don Green who wrote (72354)	5/9/2001 3:07:51 PM
From: Don Green	Read Replies (2) of 93625

Rambus Must Pay $350,000 to Infineon in Microchip Fraud Case By Susan Decker Richmond, Virginia, May 9 (Bloomberg) -- Rambus Inc. committed fraud by using information from an industry standards committee to obtain microchip patents, a federal jury decided, ordering the company to pay $3.5 million in punitive damages. U.S. District Judge Robert Payne reduced the jury's award to $350,000, the maximum allowed by Virginia law. After deliberating about 4 1/2 hours following a three-week trial, the jury also decided that the company's actions did not constitute racketeering against Infineon Technologies AG. Rambus shares fell 44 cents to $13.26 in afternoon trading. Infineon's American depositary receipts fell $1.35 to $40.45.

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