Rochester, NY 7/10/2009 3:21:34 AM
End of Day Report - SYMC - Symantec Recieves $18.6 Million in Judgements from Two Counterfeit Cases - Sourced WhisperFromWallStreet.com
Symantec Corporation
End of Day Report - SYMC - Symantec Recieves $18.6 Million in Judgements from Two Counterfeit Cases - Sourced WhisperFromWallStreet.com
Symantec Corporation,SYMC
15.34 Up 0.14 (0.92%) 4:05pm ET
Symantec Corp. (NASDAQ: SYMC) today announced it was awarded a combined total of $18.6 million in damages in cases brought against two distributors selling counterfeit Symantec software throughout North America. The first judgment of $9.7 million was handed down by the United States District Court for the Northern District of California in San Jose in favor of Symantec against V-Micro, Inc., a New Jersey-based organization. The second judgment of $8.9 million was handed down by the United States District Court for the Central District of California Western Division in Los Angeles in favor of Symantec against Connecticut-based Higher Model Computer, LLC.
Last Trade: 15.30
Day's Range: 15.07 - 15.49
52wk Range: 10.05 - 22.80
Volume: 11,602,009
ABOUT
Symantec Corporation provides security, storage, and systems management solutions to secure and manage information. It operates in four segments: Consumer, Security and Compliance, Storage and Server Management, and Services. The Consumer segment provides consumer security software suites and services, which include Internet security, PC tuneup, and backup for individual users and home offices. The Security and Compliance segment provides solutions for enterprise security, endpoint management, and archiving applications. The Storage and Server Management segment focuses on providing storage management, high availability, and backup and recovery solutions in heterogeneous storage and server platforms to enterprise customers. The Services segment offers consulting services, which include advisory, product enablement, and residency services to enable customers to assess, design, transform, and operate their infrastructure; education services, including programs on technical training and security awareness training; and business critical services.
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