Digital Angel Corp. (DOC), a manufacturer of visual and electronic identification tags and implantable radio frequency identification microchips, on Monday said it has settled its patent infringement litigation against Datamars Inc., Datamars S.A., Crystal Import Corp. and Medical Management International Inc. Financial terms of the settlement were not disclosed. Under the terms of the settlement, the parties have granted mutual releases and the claims have been dismissed.With the resolution of this and other litigation matters, the company expects to significantly reduce its litigation expense, which totaled about $1.5 million for the first half of this year.Digital Angel is majority-owned by Applied Digital Inc. (ADSX), which also owns a majority position in VeriChip Corp. (CHIP).DOC is currently trading at $1.55, up 4 cents or 2.65%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.