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BREAKING- Full Text of the Court Ruling That’s Moving Vringo Friday (VRNG)

Around 10:37 EDT, shares of Vringo (NASDAQ: VRNG) spiked nearly 13 percent.  This is the text of the ruling that’s moving the stock.
VRNG v GOOG – Ongoing Royalty Order _20130816_

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About Vringo:

Vringo, Inc., together with its subsidiaries, engages in the innovation, acquisition, licensing, and protection of intellectual property worldwide. Its intellectual property portfolio consists of approximately 500 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company operates a global platform for the distribution of mobile social applications and services it develops. It operates Facetones platform, which is a social ringtone application that generates social visual ringtone content automatically by aggregating and displaying a user’s friends’ pictures from social networks and then displaying the pictures as a video ringtone, as well as a video ringback tone; and Video Ringtone platform, which enables users to create, download, and share video ringtones. The company is headquartered in New York, New York.

[stock-tools exchange="NASDAQ" symbol="VRNG" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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