ADVFN - Advanced Financial Network.
HOME» NYSE » I » IO Stock Price » IO Stock News

Input Output Share News

 Ion Geophysical Corp Stock Price
IO Stock Price
 Ion Geophysical Corp Stock Chart
IO Stock Chart
 Ion Geophysical Corp Stock News
IO Stock News
 Ion Geophysical Corp Company Information
IO Company Information
 Ion Geophysical Corp Stock Trades
IO Stock Trades

CGG Veritas: US Court Partially Overturns Unit Patent Ruling

PARIS -(Dow Jones)- French geophysical company CGG Veritas SA (GA.FR) said Tuesday that a Federal District Court in Texarkana, Texas, has overturned an initial jury's verdict that its subsidiary, Sercel Inc., infringed a U.S. patent. The court overturned a jury's ruling that its subsidiary, Sercel Inc., infringed a U.S. patent on digital captors for ocean bottom cables on one theory of infringement claimed by ION Geophysical Corp. (IO). The court also sustained the jury's verdict on another theory of infringement and the validity of the patent, CGG Veritas said. Further, the court determined that ION wasn't entitled to the $25.2 million in lost profits awarded by the jury, and reduced the damages award to $10.7 million, the group said. Sercel and ION will have 30 days to negotiate the terms of, and the sole activities that would be subject to, an injunction. The court will enter a final judgment after these negotiations are completed, but no later than 30 days. "Sercel continues to believe that ION's remaining infringement claim is without merit," CGG Veritas said. Company website: -By Geraldine Amiel, Dow Jones Newswires; +33 1 4017 1740;

Stock News for Input Output (IO)
08/04/201610:32:46Quarterly Report (10-q)
08/04/201609:05:57Current Report Filing (8-k)
08/03/201618:14:00ION reports second quarter 2016 results
08/01/201619:15:00ION announces second quarter 2016 earnings and conference call...
07/06/201615:12:24Amended Statement of Changes in Beneficial Ownership (4/a)
06/30/201617:25:35Statement of Changes in Beneficial Ownership (4)
06/27/201615:46:43Amended Annual Report (10-k/a)
06/02/201616:32:04Statement of Changes in Beneficial Ownership (4)
06/02/201616:31:12Statement of Changes in Beneficial Ownership (4)
06/02/201616:30:20Statement of Changes in Beneficial Ownership (4)
06/02/201616:29:27Statement of Changes in Beneficial Ownership (4)
06/02/201616:28:37Statement of Changes in Beneficial Ownership (4)
06/02/201616:13:38Current Report Filing (8-k)
06/02/201612:45:33Statement of Changes in Beneficial Ownership (4)
05/23/201616:30:15Specialized Disclosure Report (sd)
05/18/201616:15:12Current Report Filing (8-k)
05/05/201611:22:14Quarterly Report (10-q)
05/05/201609:20:04Current Report Filing (8-k)
05/04/201617:49:00ION reports first quarter 2016 results
05/03/201617:01:00ION to conduct ocean bottom seismic survey offshore Nigeria

Input Output and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations