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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.14-0.2%10:44 AM EST

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To: Ian@SI who started this subject8/10/2001 3:52:52 PM
From: Bilow  Read Replies (2) of 93625
 
Hi all; Infineon releases PR on court ruling. Naturally, they accentuate the positive. A naive observer would almost believe that the Rambus and Infineon cases weren't held in the same courtroom, LOL!!!

Virginia Court Upholds Infineon's Fraud and Punitive Damages Verdict and Awards Infineon $7.1 Million In Legal Expenses
Press Release, Infineon Technologies, August 10, 2001 3:39PM
Infineon Technologies (FSE/NYSE:IFX) today announced that Federal District Judge Robert E. Payne denied Rambus' motion to set aside a jury verdict holding Rambus liable for fraud in connection
with the SDRAM standardization process.
...
As a remedy for Rambus' fraud, the Court issued an anti-suit injunction against Rambus. The injunction bars Rambus from asserting, against Infineon's synchronous DRAMs that comply with JEDEC's SDRAM standard, any current or future U.S. patent directed to the technologies targeted by Rambus' fraud. Although the Court also set aside part of the jury's fraud verdict that relates to DDR SDRAM, this decision does not affect Infineon's ability to sell those products. Judge Payne previously dismissed all of Rambus' patent infringement claims related to both Infineon's SDRAM and DDR SDRAM products.

Judge Payne also awarded Infineon over $7.1 million in attorneys' fees and expenses incurred in successfully defending against Rambus' patent infringement claims and prosecuting Infineon's fraud counter-claim. The Court based the award on a finding that Rambus' patent infringement suit was ``baseless, unjustified and frivolous,'' the seriousness of Rambus' fraud perpetrated against Infineon and other members of JEDEC, and Rambus' conduct during the litigation which included misleading testimony by Rambus' executives and destruction of documents.
...

biz.yahoo.com

-- Carl
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