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Gemstar-TV Guide Says It Is "Very Pleased" With Federal Circuit Court Of Appeals Decision In SuperGuide Case -Update
(RealTimeTraders.com) - Before the bell Friday, Gemstar-TV Guide International Inc. (GMST) announced that the Federal Circuit’s ruling, which vacated the summary judgement ruling issued by the District Court for the Western District of North Carolina, pleases it.
The Los Angeles, California-based media and technology company said that the Federal Circuit ruled that the District Court incorrectly construed certain patent claims in reaching its decision that the defendants did not infringe Gemstar’s patents.
GMST closed Thursday’s regular trading session at $7.46
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