- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Samsung’s (SSNLF.PK) bid to keep certain sales data that were part of a patent court battle with Apple (NASDAQ:AAPL) out of the public eye has failed. The negotiation was included in post-trial proceedings from the August 24 case in San Jose, California, where a jury found the Korean company guilty of violating six Apple patents.
U.S. District Judge Lucy Koh ruled on December 10 that Samsung was required to list the total number of units of infringing products sold during certain time periods. Samsung is appealing the ruling, but had sought to delay the implementation of the order until the appeal is heard by the U.S. Federal Circuit court. However, Koh did not think the appeal merited approval, Bloomberg said. “Samsung’s appeal involves pricing information and profit margins,” Koh wrote. The exhibit at issue “only lists the number of units sold in each of several recent months.”
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Separately, Koh on Tuesday granted Samsung’s request to delay the publication of a document showing per-unit operating profit for two phones, pending an appeal.
The judge is yet to decide on Apple’s request for additional damages in the case, but earlier rejected its attempt to block U.S. sales of 26 Samsung devices on account that the former failed to establish that consumer demand for the devices was driven by the infringing technology.
Don’t Miss: Is Apple Really Cutting Out Samsung?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.