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March 23, 2007
Yikes. Vonage Loses Another VoIP Patent Case To Verizon
A federal court today issued a permanent injunction barring the company from violating Verizon’s VoIP patents. Earlier this month, a jury found that Vonage was in violation of Verizon patents and Vonage was ordered to pay $58.5M in damages and an ongoing royalty of 5.5% of future sales. Vonage's stock continues its freefall.
Posted by Paul at March 23, 2007 06:35 PM
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