Vonage lawsuits
Vonage’s share dipped to 93-cents, its lowest value since the company went public in May 2006. Vonage has been charged with the violations of three Verizon Communications Corp. patents in building its Internet phone system. The lawsuit awarded Verizon with $58-million (U.S.) in damages, plus 5.5-percent royalties on future Vonage revenues.
Reminder this was just two […]