Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
1
0
in response to jrumpqua's message

2nd Pacer--ORDER FOR DISMISSAL

Posted by: wolfpackvolt on December 20, 2007 03:03PM

2nd Pacer--ORDER FOR DISMISSAL

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TEXAS MARSHALL DIVISION DIVISION

Technology Properties Limited and Patriot

Scientific Corporation,

Plaintiffs,

v.

Matsushita Electrical Industrial Co., Ltd.,

Panasonic Corporation of North America, NC

Americas Corporation, NEC Electronics

America, Inc., Toshiba Corporation, Toshiba

America, Inc., Toshiba America Electronic

Components, Inc., Toshiba America

Information Systems, Inc. and Toshiba America

Consumer Products, LLD,

Defendants.

JURY DEMANDED

ORDER FOR DISMISSAL

The Parties, Plaintiffs Technology Properties Limited ("TPL") and Patriot Scientific Corporation ("Patriot") and Defendants Matsushita Electric Industrial Co., Ltd. ("Matsushita"), Panasonic Corporation ofNorth America ("Panasonic"), NC Americas Corporation ("NCA"), Toshiba Corporation ("Toshiba"), Toshiba America, Inc. ("TAl"), Toshiba America Electronic Components, Inc. ("TAEC"), Toshiba America Information Systems, Inc. ("TAIS") and Toshiba America Consumer Products, LLC ("TACP"), have resolved the issues between them. For good cause, this Court hereby approves the Stipulation for Dismissal and Orders that the remaining claims among these parties shall be dismissed, with each party bearing its own costs and attorneys' fees. Plaintiffs' claims are hereby dismissed with prejudice and Defendant TAEC's counterclaims are dismissed without prejudice. The Court expressly retains jurisdiction for purposes of enforcing the Agreement and the Memorandum of Understanding, the terms of which are hereby incorporated by reference. The Agreement, which incorporates the Memorandum of Understanding, is attached hereto, under seal, as Exhibit A.

Signed By Judge Ward

 

http://www.agoracom.com/ir/patriot/messages/671895

 

Remember also, the $13 million could incorporate fees charged for services outwith the Texas litigation.

 

 

 

Be well

Please login to post a reply
milestone
City
Rank
President
Activity Points
18650
Rating
Your Rating
Date Joined
08/04/2005
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post