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ATL taking $29 mil. charge to cover SRI ultrasound infringement suit damage award.

This article was originally published in The Gray Sheet

Executive Summary

ATL TO SEEK REDUCTION OF $27.9 MIL. IN DAMAGES AWARDED TO SRI in a May 17 ruling by Judge William Orrick in the U.S. District Court for Northern California in San Francisco. The court's decision on the amount of damages followed a November 1992 ruling by the Federal Court of Appeals finding that Advanced Technology Laboratories infringed an ultrasound patent held by SRI, a non-profit research, technology development and consulting firm based in Menlo Park, California.
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