Vonage Appeal Denied

VONAGE APPEAL DENIED
[SOURCE: Multichannel News, AUTHOR: Todd Spangler]
Vonage Holdings was smacked with its second legal setback in two days when the U.S. Court of Appeals for the Federal Circuit on Wednesday upheld a lower-court ruling that the Internet-voice provider had infringed two patents held by Verizon Communications. The decision came a day after a federal jury in U.S. District Court in Kansas City, Kan., found that Vonage infringed six Sprint Nextel patents and ordered the Internet-phone company to pay $69.5 million in damages. Vonage said it plans to appeal that ruling. The federal appeals court affirmed an injunction issued by a lower court judge in March with regard to two Verizon patents, but reversed the judge’s ruling on a third patent. As such, the appeals court vacated the March 8 damages of $58 million and 5.5% royalty rate on future revenues a jury awarded to Verizon because the award did not specify which portion of the damages was attributable to which patent. The appeals court sent the case back to the district court to determine the amount of damages and royalties to be awarded to Verizon.
http://www.multichannel.com/article/CA6483008.html

* Vonage's Prospects Dim
http://www.businessweek.com/technology/content/sep2007/tc20070926_809540...