Appeals Court Rejects Vonage Request

A federal appeals court today denied Vonage Holdings Corp.’s request that the jury verdict against it be thrown out and that the company get a new trial.

“We believe that Vonage has not yet made a sufficient argument to justify a new trial,” said analysts for investment bank Stifel Nicolaus in a memo to clients.

Instead, the court said the IP telephony provider – which a jury found to have infringed on three Verizon Communications Inc. patents – may include the issue in its appeal brief, due May 9.

Oral arguments before the appeals court still are scheduled for June 25.

Stifel Nicolaus www.stifel.com  

Verizon Communications Inc. www.verizon.com  

Vonage Holdings Corp. www.vonage.com

Share this article: Email, Slashdot, Digg, Del.icio.us, Yahoo!MyWeb, Windows Live Favorites, Furl
Add this article feed to: RSS, My Yahoo, Newsgator, Bloglines