RIM Loses Patent Lawsuit

A northern California jury has ordered Research In Motion to pay $147.2 million in a patent lawsuit, the latest setback to hit the BlackBerry maker.

The company was fresh out of a tumultuous annual general meeting when the verdict came down Friday in the suit over a remote management system for wireless devices.

A technology analyst says the decision comes at the worst time for RIM, which reported a first quarter loss and delayed the release of its much-hyped BlackBerry 10 operating system until next year.
   
Carmi Levy says the case will have a significant “fiscal and psychological impact” on the technology giant, already targeted by critics and grumbling shareholders. Levy says fighting the verdict – a move RIM says it is considering – will divert key resources the company should be using to refocus and get back on track.
   
Research In Motion says it is “disappointed” the jury sided with the Delaware.-based Mformation Technologies and is “evaluating all legal options.”
   
Shareholders at the annual general meeting this past week expressed their frustration and some pushed for a major shakeup of the company’s board of directors.

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