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ITC Decision: Kodak ’218 Patent is Invalid In Case Against RIM

Posted by admin | Posted on 21-07-2012

Tags: cameras, determination, invalid, irving, july, marketwire, rimm, tsx, tsx:rim

IRVING, TEXAS–(Marketwire – July 20, 2012) - Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM), a world leader in the mobile communications market, today learned that the U.S. International Trade Commission (ITC) has terminated its investigation after making a determination in favor of RIM that the only asserted claim of Kodak’s U.S. Patent No. 6,292,218 for electronic cameras (Kodak’s ’218 patent) is invalid.

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Mets Settle Madoff Suit for $162 Million

Posted by admin | Posted on 19-03-2012

Category : Business, Stocks

Tags: court, funds, irving, manhattan, mar, mets, million, ponzi, recover, repay, scheme, set, settlement, york

NEW YORK (TheStreet) — Owners of the New York Mets will pay $162 million to the liquidator of Bernard Madoff’s Ponzi scheme, settling a lawsuit filed on behalf of investors who lost an estimated $20 billion.

The settlement, which took place on Friday, was announced Monday as the Mets owners Fred Wilpon and Saul Katz were set to start trial against Madoff’s trustee Irving Picard, who is seeking to recover funds from the Ponzi scheme to repay investors.

The Mets owners wash their hands of the biggest Ponzi scheme in history for $162 million.

U.S. District Judge Jed Rakoff, who was set to preside on the trial, announced the Mar. 16 settlement in a Manhattan court.

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