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Stock impact report

VirnetX claims patent decision win [Seeking Alpha]

VirnetX Holding Corp (VHC) 
NASDAQ:AMEX Investor Relations: virnetx.com/investors/investor-relations
Company Research Source: Seeking Alpha
VirnetX ( VHC ) says the U.S. Court of Appeals for the Federal Circuit issued two favorable opinions for the company today. The company says the decisions vacated and remanded two decisions by the USPTO, agreeing with VirnetX that the board abused its discretion in denying it the opportunity to file a motion for additional discovery as to real party-in-interest issues and that many of the Board's positions as to the prior art lacked substantial evidence. "We are extremely pleased with the Federal Court's decision which vindicates many of VirnetX's arguments about the Patent Board's decisions," says VirnetX CEO Kendall Larsen. Source: Press Release See all stocks on the move » Now read: Why Wix Is A Buy While It Trades Close To All-Time High » Subscribe for full text news in your inbox Show less Read more
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