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Vringo, Facebook Settle Dispute (VRNG)

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By Paul Ausick Published
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Mobile video application maker Vringo Inc. (AMEX: VRNG) and social networking giant Facebook have settled a dispute between the two companies related to Vringo’s use of the Facetones mark and domain name. According to Vringo’s SEC filing:

The Agreement clarifies Vringo’s permitted use of the Facetones Mark including making certain changes to its U.S. trademark application to clarify the description of the Facetones service and agreeing to certain limitations on its use of the Facetones Mark.

Vringo shares were stopped after rising nearly 12% to $1.74. Shares have returned to earth, now trading at $1.44 in a 52-week range of $0.68-$3.30.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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