Finjan and Cisco Patent Infringement Trial to Start June 22, 2020 Post-Ease of COVID-19 Shelter-in-Place Restrictions
04 Mai 2020 - 3:01PM
Finjan Holdings, Inc. (NASDAQ: FNJN) and its subsidiary Finjan,
Inc. (Finjan) announce that its trial against Cisco Systems, Inc.
(Cisco) previously scheduled for June 1, 2020 is now set to begin
on June 22, 2020. The case is pending in the U.S. District Court
for the Northern District of California, Case No.
5:17-cv-00072-BLF, before the Honorable Beth Labson Freeman.
On April 30, 2020 Judge Freeman held a pretrial video
conference, discussing with the parties, among other things, the
Court’s anticipated reopening on June 1, 2020, which was the
original trial date for this matter. The short delay to June 22
will allow the Court to make certain adjustments to its courtroom
setting and procedures, including jury selection, to accommodate
social distancing in light of California’s COVID-19 restrictions.
According to the Court’s April 30 Minute Entry, jury selection will
begin on June 19 and the trial will end by July 10, 2020.
“It appears that ours may well be one of the first patent cases
to be tried in the Northern District of California after the State
lifts the shelter-in-place restrictions,” said Julie Mar-Spinola,
Finjan’s Chief IP Officer and VP of Legal Operations. “Trying our
case under new and different conditions will be an adventure Finjan
is eager to experience, especially before Judge Freeman, who is
well-versed in our patented cybersecurity technologies. And, we are
excited to finally have Finjan’s patent infringement claims fairly
decided on the merits against Cisco; it has been a long time
coming.”
Currently, Finjan expects to proceed to trial asserting five
U.S. Patents against Cisco, namely U.S. Patent Nos. 6,154,844;
6,804,780; 7,647,633; 8,141,154; and 8,677,494. Finjan has pending
patent infringement lawsuits against Palo Alto Networks, ESET,
SonicWall, Check Point, Rapid7, Fortinet, Qualys, and
Trustwave/SingTel, relating to, collectively, more than 15 patents
in the Finjan portfolio. The court dockets for the cases are
publicly available on the Public Access to Court Electronic Records
(PACER) website, www.pacer.gov, which is operated by the
Administrative Office of the U.S. Courts.
About Finjan Established nearly 25 years
ago, Finjan is a globally recognized pioneer in cybersecurity.
Finjan's inventions are embedded within a strong portfolio of
patents focusing on software and hardware technologies capable of
proactively detecting previously unknown and emerging threats on a
real-time, behavior-based basis. Finjan continues to grow through
investments in innovation, strategic acquisitions, and partnerships
promoting economic advancement and job creation.
Cautionary Note Regarding Forward-Looking
StatementsExcept for historical information, the matters
set forth herein that are forward-looking statements involve
certain risks and uncertainties that could cause actual results to
differ. Potential risks and uncertainties include, but are not
limited to, Finjan's expectations and beliefs regarding Finjan's
licensing program, the outcome of pending or future enforcement
actions, the granting of Inter Partes Review (IPR) of our patents
or an unfavorable determination pursuant to an IPR or other
challenges at the USPTO of our patents, the enforceability of our
patents, the cost of litigation, the uncertain monetization of
acquired patents, the outcome of strategic transactions, the
unpredictability of our cash flows, our ability to expand our
technology and patent portfolio, the continued use of our
technologies in the market, our stock price, changes in the trading
market for our securities, regulatory developments, general
economic and market conditions especially in the midst of the
COVID-19 pandemic, the market acceptance and successful business,
technical and economic implementation of Finjan Holdings' intended
operational plan; and the other risk factors set forth from time to
time in our filings with the SEC, including our Annual Report on
Form 10-K for the year ended December 31, 2019, and the Company's
periodic filings with the SEC, copies of which are available free
of charge at the SEC's website at www.sec.gov or upon
request from Finjan Holdings, Inc. All forward-looking statements
herein reflect our opinions only as of the date of this release.
These statements are not guarantees of future performance, and
actual results could differ materially from our current
expectations. Finjan Holdings undertakes no obligation, and
expressly disclaims any obligation, to update forward-looking
statements herein in light of new information or future events.
Investor Contact:
Valter Pinto | KCSA Strategic Communications(650) 282-3245
| investors@finjan.com
Finjan (NASDAQ:FNJN)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025
Finjan (NASDAQ:FNJN)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025