Hot Stocks: VRNG, CVM, INO, HUSA, HEB
Posted on November 13, 2012 at 11:16 AM EST
New York, NY -- (SBWIRE) -- 11/13/2012 -- Vringo, Inc. (NYSE:VRNG) shares gained 2.65% to $3.48. The company said it was awarded about $30 million in damages and granted future royalties by a federal jury in its patent suit against a handful of technology giants, including Google Inc. (GOOG) and AOL Inc. (AOL). The company was awarded a 3.5% running royalty rate off a portion of the defendants' search-advertising revenue until the patents expire in 2016. Read the full press release at http://www.sbwire.com/press-releases/sbwire-179835.htm