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Quarterhill Inc.

10:06 AM EST - Quarterhill Inc. : Announced that its Wi-LAN Inc. arm provided an update on ongoing litigation. In a damages-only re-trial in the United States District Court for the Southern District of California commenced on January 21, 2020, the jury rendered its verdict today awarding WiLAN $85.23 million in damages owed to WiLAN by Apple Inc. for the infringement of WiLAN's US patent Nos 8,457,145 and 8,537,757.In a previous related trial verdict rendered on August 1, 2018 in the same court, the jury in that case found that Apple infringed the Patents and awarded WiLAN $145.1 million in damages. In a subsequent hearing after that 2018 verdict, the court affirmed the jury's finding of infringement but ordered another trial solely on damages which resulted in today's new verdict. Quarterhill Inc. shares T.QRTH are trading up $0.11 at $2.00.