A federal court has ordered the Vonage Holdings Corporation, the Internet phone provider, to pay $58 million for infringing Verizon’s patents, dealt a heavy blow to loss-making company that already showing signs of strain. Vonage has infringed on three patents held by Verizon Communications and the jury ordered the company to pay 5.5 percent possible [...]
A US District Court judge in Virginia has stunned the VOIP market by issuing a permanent injunction against Vonage barring it from basing its service on three of five patents owned by Verizon. The permanent injunction was issued on Vonage using the technology to connect users to landline phones. However, the judge agreed to put [...]
Vonage Holdings Corp. on Friday won a temporary stay of a federal judge’s ruling that it can continue operating but cannot recruit new customers during its patent dispute with Verizon Communications Inc. The U.S. district court judge had earlier barred VoIP phone service provider Vonage from signing up new customers after the company lost a [...]
Mike Snyder has decided to resign as the head of Vonage, the struggling broadband company. Vonage Holdings founder and Chairman Jeffrey Citron has replaced Michael Snyder as chief executive officer after spiraling costs and the loss of a patent lawsuit led to an 81 percent drop in the Internet phone company’s stock. Jeffrey Citron is [...]
Vonage Holdings Corp., the pioneer of Internet-based phone calls, has recently said that patent disputes could lead to bankruptcy. The filing with the US Securities and Exchange Commission has also contained details about other dangers from ongoing litigation. The list of risks mentioned in the filing includes the possible interruption of service, an inability to [...]
Vonage, a voice over IP provider facing a patent infringement lawsuit from Verizon Communications, won a permanent stay of a previous injunction, which means it can carry on to conduct business as usual and it can resume adding new customers. A federal appeals court ruled on Tuesday that Vonage Holdings, the leading Internet telephone provider, [...]
Verizon has recently requested a federal appeals court to dismiss Vonage’s request for a retrial in an ongoing battle over Internet-phone-related patents. The struggling Internet phone provider, Vonage, had contended in a court filing earlier this week that a landmark Supreme Court judgment this week has raised critical questions about whether a jury appropriately determined [...]
