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LogMeIn, Inc. Message Board

  • efny98 efny98 Jul 31, 2012 11:18 AM Flag

    Lawsuit - 01 vrs LOGM

    Good Day All - the CAFC rendered their decision on the appeal from 01 Communique vs. LOGM (from April 1st, 2011). The CAFC has vacated and remanded Judge Hilton's decision which was in originally in favour of LOGM. It is now in favour of 01. Good luck to those who stay in LOGM.

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    • heck just buy 01 at a discount of 1.40 and doubler your money in days ahead

    • Is ACTG owner of patents???
      LogMeln tumbles after appeals court overturns favorable decision
      LogMeIn (LOGM) is falling after a federal appeals court overturned a patent judgment that had been favorable to the company. A federal district court had ruled that LogMeIn did not violate a patent held by 01 Communique Laboratory for a means of enabling one computer to access another computer remotely via the Internet. The district court ruled that LogMeIn did not violate the patent because its system does not utilize a single computer. However, the appeals court decided that this decision was erroneous, since 01 Communique Laboratory's patent also covers software that communicates with multiple computers. The appeals court indicated that LogMeIn was using such a system, and it overturned the lower court's judgment in favor of LogMeIn. The case has been sent back to the lower court for further proceedings. Responding to the appeals court's decision, LogMeIn said it, "continues to believe that it has strong defenses to the claims made by 01 Communique and intends to vigorously defend against these claims." In early afternoon trading, LogMeIn tumbled $4.442, or 18.12%, to $19.97. :theflyonthewall.com

 
LOGM
54.27+1.57(+2.98%)Mar 2 4:00 PMEST

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