Sophos Group Plc Litigation Ruling (5429K)
September 22 2016 - 3:30AM
UK Regulatory
TIDMSOPH
RNS Number : 5429K
Sophos Group Plc
22 September 2016
Sophos Group plc
Litigation Ruling
London, 22 September 2016. Sophos Group plc ("Sophos" or the
"Company") announces that the jury in the lawsuit brought by
Finjan, Inc (Finjan) asserting certain patent claims against Sophos
has found that the Company infringed on five of Finjan's patents,
and has awarded Finjan a one-time damages payment of $15 million.
This verdict represents the next step in an ongoing legal process
and Sophos is considering all options including an appeal of the
verdict.
Forward-looking Statements
Certain statements in this announcement constitute
"forward-looking statements". These forward-looking statements
involve risks, uncertainties and other factors that may cause the
Group's actual results, performance or achievements, or industry
results, to be materially different from those projected in the
forward-looking statements. These factors include: general economic
and business conditions; changes in technology; timing or delay in
signing, commencement, implementation and performance or
programmes, or the delivery of products or services under them;
structural change in the security industry; relationships with
customers; competition; and ability to attract personnel. You are
cautioned not to rely on these forward-looking statements, which
speak only as of the date of this announcement. The Group
undertakes no obligation to update or revise any forward-looking
statement to reflect any change in expectations or any change in
events, conditions or circumstances.
Contact
Sophos Group plc Brunswick Group
Tel: +44 (0) 1235 559 933 Tel: +44 (0) 20 7404 5959
Kris Hagerman, Chief Executive Sarah West
Officer Wendel Verbeek
Nick Bray, Chief Financial Katarina Sallerfors
Officer
Derek Brown, VP Investor
Relations
This information is provided by RNS
The company news service from the London Stock Exchange
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