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Stock impact report

VirnetX Wins Patent Appeal in Apple Case at US Court of Appeals for the Federal Circuit

VirnetX Holding Corp (VHC) 
NASDAQ:AMEX Investor Relations: virnetx.com/investors/investor-relations
Company Research Source: PR Newswire
ZEPHYR COVE, Nev., July 8, 2019 /PRNewswire/ -- VirnetX™ Holding Corporation (NYSE AMERICAN: VHC), an Internet security software and technology company, announced today that the US Court of Appeals for the Federal Circuit issued an opinion today in Appeal Nos. 2017-1368, 2017-1383 as to two decisions issued by the United States Patent & Trademark Office's Patent Trial and Appeal Board that had found unpatentable claims of U.S. Patent Nos. 6,502,135 and 7,490,151.  The decision vacated and remanded both of the decisions, agreeing with VirnetX including (1) the Board abused its discretion in denying VirnetX the opportunity to file a motion for additional discovery as to real party-in-interest issues; (2) many of the Board's positions as to the prior art lacked substantial evidence; and (3) the Board misconstrued the claims.  "We are extremely pleased with the Federal Court's decision which vindicates many of VirnetX's arguments about the Patent Board's decisions," said Kendall Larsen, V Show less Read more
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