US Supreme Court upholds legality of patent review process [CNBC]
Oil States International, Inc. (OIS)
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Source: CNBC
The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat patent trolls and others that bring patent infringement lawsuits. The justices ruled 7-2 that a type of in-house patent review at the U.S. Patent and Trademark Office does not violate a defendant's right under the U.S. Constitution to have a case adjudicated by a federal court and jury. The court ruled against Oil States International , a Houston-based oilfield services company that had challenged the legality of the process, called inter partes review (IPR). Justices John Roberts and Neil Gorsuch dissented from the decision authored by fellow conservative Justice Clarence Thomas to uphold the reviews. While the ruling gave Silicon Valley reason to celebrate, it was sure to displease name-brand drugmakers, which had called the IPR process a threat to innovation. Firms dubbed patent trolls have a business model
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- Oil States Announces First Quarter 2024 Earnings Conference Call Friday, April 26, 2024 at 9:00 a.m. Central Daylight Time [Yahoo! Finance]Yahoo! Finance
- Oil States Announces First Quarter 2024 Earnings Conference Call Friday, April 26, 2024 at 9:00 a.m. Central Daylight TimeBusiness Wire
- Oil States International, Inc. (NYSE: OIS) had its "neutral" rating re-affirmed by analysts at Susquehanna. They now have a $6.50 price target on the stock.MarketBeat
OIS
Earnings
- 2/20/24 - Beat
OIS
Sec Filings
- 4/16/24 - Form SC
- 4/5/24 - Form SC
- 4/1/24 - Form 4
- OIS's page on the SEC website