Search   Advanced Search
LATEST NEWS
 
 
News
 Latest Headlines
 Quick Facts
 Breaking News
 Top Stories
 Feature Articles
 Politics
 US Policy
 General
 Commodities
 Canadian
 UK
 Indian
 Wallstreet Events
 Slide Shows
 US Economic News
 European Economic News
 Asian Economic News
 All Economic News
 FX Top Stories
 Currency Alerts
 Mkt Sensitive News
 Politics
 European Mkt Updates
 Asian Mkt Updates
 Treasury Mkt Updates
 Pop
 Rock
 Classic Rock
 Rap/Hip-Hop
 Country
 Alternative
 Oldies
 Movie Reviews
 DVD Releases
 Box Office
 Slide Shows
 Business News
Commentary/Analysis
 Daily Market Analysis
 US Market Updates
 US Commentary
 Asian Commentary
 European Commentary
 Canadian Commentary
 Indian Commentary
 Sector/Market Trends
Stock Alerts
 Stocks To Watch
 Long Term Stocks
 Before the Bell
 $5 and Under
 After the Bell
 Intraday Updates
 IPOs
 Hot Stocks
Earnings Calendars
 Upcoming Earnings
 Latest Earnings
 Pos Pre Announcements
 Neg Pre Announcements
Corporate Calendars
 Stock Splits
 Stock Buybacks
 Dividends
 Conference Calls
 FDA Calendar
 Board Meetings
 Mergers & Acquisitions
Ratings Changes
 Upgrades
 Downgrades
 Coverage Initiations
 Coverage Reiterated
 All Videos
 Market Commentary
 Top Stories
 Economic News
 Political News
 Foreign Markets
 Corporate News
 Entertainment News
 Top Stories
 Earnings
 Mergers & Acquisitions
 Market Commentary
 Economic News
 IPOs and New Issues
 Corporate News
 Forex News
 Interviews
 Private Equity
Economic Calendar
RTT DeskAlert
CES 2010 Coverage 

Follow Us
RTTNews on Twitter RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

Font Down Font Up

 
Rambus Antitrust Jury Trial Likely To Start In January
11/24/2009 4:34 AM  ET
RELATED NEWS
Rambus Posts Wider Loss In Q4 - Update
Rambus Q4 Loss Widens - Quick Facts
Rambus Gets Favorable ITC Ruling In Lawsuit For 3 Patents - Update
ITC Administrative Law Judge Rules In Favor Of Rambus In Matter Regarding NVIDIA Products - Quick Facts
Samsung, Rambus Settle Patent Dispute; Samsung To Invest $200 Mln In Rambus - Update

Trade RMBS now with
TOP MARKET NEWS
Australian Dollar Eases From Multi-day Highs Against Euro And Yen
EOG Resources Q4 Profit Down 13%; Raises Quarterly Dividend - Update
Yen Off Fresh Multi-day Lows Against Majors
Baidu Q4 Profit Up 48.2%; Guides Q1 Revenue Above Estimates
IMS Health Profit Declines 27%
(RTTNews) -  Memory chip maker Rambus Inc. (RMBS: News ) said Monday that Judge Richard A. Kramer of the San Francisco Superior Court has recommended the company to coordinate its antitrust case against certain memory manufacturers and the Tessera Technologies antitrust case against Hynix and assign them to the San Francisco Superior Court. At the hearing on November 6, the judge has clarified that he would recommend coordination so long as it does not delay the commencement of the Rambus antitrust jury trial on January 11, 2010.

Los Altos, California-based Rambus is a technology licensing company engaged in designing, developing and licensing chip interface technologies and architectures. The antitrust case in question was filed in 2004, alleging defendants Hynix, Micron and Samsung engaged in a concerted and unlawful effort to eliminate competition and stifle innovation in the market for computer memory technology and computer memory chips.

Consistent with the judge's statements, the company said it is preparing to start the trial in January. "--we look forward to confirmation from Judge Kramer when he returns to court next week," noted Thomas Lavelle, senior vice president and general counsel of Rambus.

Among recent legal matters, in June, Rambus reached a tentative settlement with the European Commission, in a case against it for alleged violation of European Union competition law, filed in 2007. The case was from certain DRAM manufacturers who alleged that Rambus misled the industry and a standards body JDEC by not divulging its patent plans regarding synchronous dynamic random access memory while SDRAM-related standards were crafted.
RMBS closed Monday's regular trading at $16.72, down $1.38 or 7.62%, on a volume of 6.33 million shares. In after-hours, the stock picked up $0.38 or 2.27%, to trade at $17.10.

To receive FREE breaking news email alerts for Rambus Inc. and others in your portfolio


by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com


Share Article:   Del.icio.us    Digg    Y! My Web    Facebook    My Space

Email        Print           Follow Us RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

     
 

More Breaking News-US

104  Chevron Says Court Appointee In Ecuador Lawsuit Tied To Ecuador State-owned Oil Company - Update
103  Dionex Q2 Profit Down, Guides Q3, Revises FY10 Outlook - Update
102  HNI Slips To Loss In Q4 - Update
101  Terreno Realty Prices 8.75 Mln Common Shares IPO At $20/share - Update
100  RenaissanceRe Holdings Swings To Profit In Q4 - Update
99  Aspen Insurance Holdings Q4 Profit Surges, Tops View - Update
98  Gildan Activewear Q1 Profit Surges; Backs FY10 Outlook - Update
97  Max Capital Group Swings To Q4 Profit - Update
96  Airgas Rejects Air Products' Hostile Takeover Bid - Update
95  American Financial Group Q4 Profit Rises, Tops Estimate, Lifts FY10 Earnings View - Update
94  Seattle Genetics Posts Narrower Q4 Loss - Update
93  AspenTech Swings To Q2 Loss - Update
92  Corrections Corp. Q4 Profit Rises - Update
91  Kforce Swings To Profit In Q4; Guides Q1 - Update
90  RealNetworks, MTV To Spin Off Rhapsody - Update
  

 

Copyright © 2010 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service| How To Use RTTNews.com| Advertise| Privacy| Buy Content | RSS