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U.S. court throws out VirnetX $368 million patent award vs. Apple

16
Sep
2014

By Jonathan Stempel (Reuters) – A federal appeals court on Tuesday threw out a jury order requiring Apple Inc to pay VirnetX Holding Corp $368.2 million in damages for infringing four patents concerning technology for providing security over the Internet. Shares of VirnetX plunged as much as 59.8 percent after the decision by the U.S. Federal Circuit Court of Appeals in Washington. The company and its lawyer did not immediately respond to requests for comment. …

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