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09/08/2012

RIM escapes $147.2 million hit as Mformation appeal ends in victory

RIM escapes $147.2 million hit as Mformation appeal ends in victory:

RIM dodges $1472 million hit as Mformation appeal ends in victory

RIM has successfully appealed its patent infringement verdict against Mformation, letting the company off the hook for $147.2 million in damages. It was originally ordered to pay the stack of cash after a jury found that it had violated a remote management patent, but a California judge has overturned the decision after reexamining the evidence. Mformation has the scope to appeal, which would cause a fresh trial to begin from scratch, so we'll wait and see if the cycle of litigation will continue again.
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RIM escapes $147.2 million hit as Mformation appeal ends in victory originally appeared on Engadget on Thu, 09 Aug 2012 06:02:00 EDT. Please see our terms for use of feeds.



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