Finjan and Cisco Patent Infringement Trial Reset to October 19, 2020 Securing Court Calendar for Speedy Criminal Trials
28 Mai 2020 - 3:42PM
Finjan Holdings, Inc. (NASDAQ: FNJN) and its subsidiary Finjan,
Inc. (Finjan) announce that its jury trial against Cisco Systems,
Inc. (Cisco) previously scheduled for June 22, 2020, has been
postponed to October 19, 2020. The case is pending in the U.S.
District Court for the Northern District of California (the Court),
Case No. 5:17-cv-00072-BLF, before the Honorable Beth Labson
Freeman.
On May 26, 2020, Judge Freeman held a video Case Management
Conference, discussing among other things, the Court's May 21,
2020, General Order No. 72-3 (IN RE: Coronavirus Disease Public
Health Emergency). The General Order sets forth that "No new jury
trial will be conducted through September 30, 2020." Judge Freeman
explained that the delay on all civil jury trials will allow the
Court to hear the "enormous backlog" of criminal matters, ensuring
the Sixth Amendment to the Constitution's right to a speedy trial.
Further, the General Order modified court operations to “balance
the various interests implicated by the COVID-19 public health
emergency” through “guidance of the public health officials.”
Trial will be held in San Jose, Courtroom 3, 5th Floor before
Judge Freeman. Jury selection is currently set for 10/16 and
10/19/2020. Jury trial is currently set for 10/19 - 10/23/2020,
10/26 -10/30/2020, and 11/2 - 11/6/2020.
Presently, 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 and
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
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