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Stock impact report

Netlist Prevails in Venue Battle as Federal Circuit Denies SK Hynix's Petition

NETLIST INC (NLST) 
Last netlist inc earnings: 11/4 09:00 am Check Earnings Report
Company Research Source: Accesswire
IRVINE, CA / ACCESSWIRE / February 26, 2021 / Netlist, Inc. (OTCQB:NLST) today announced that the United States Court of Appeals for the Federal Circuit ("CAFC") has denied SK hynix's petition for change of venue. The appellate court agreed with Judge Alan Albright's ruling that the proper venue for the litigation is the U.S. District Court for the Western District of Texas ("WDTX") and not the U.S. District Court for the Central District of California ("CDCA"). As a result, Netlist's patent infringement case against SK hynix is scheduled to go to trial on July 6, 2021 in the WDTX.C.K. Hong, Netlist's Chief Executive Officer said, "We are extremely pleased with the appellate court's ruling which affirms the district court's proper determination of venue. This ends SK hynix's legal tactics to delay due process and puts the case on track for a Markman hearing next week and a jury trial in approximately four months."In March 2020, Netlist filed legal proceedings for patent infringement a Show less Read more
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