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.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
