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Stock impact report

Digital Ally and WatchGuard Reach a Resolution of their Pending Patent Infringement Litigation

Digital Ally, Inc. (DGLY) 
Last digital ally, inc. earnings: 11/14 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: digitalallyinc.com/investors
Company Research Source: GlobeNewswire
The Parties Execute a Patent License and Settlement Agreement Resulting in the Dismissal of the Litigation with Prejudice Lenexa, KS, May 14, 2019 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY), Digital Ally, Inc. (“Digital Ally”) and WatchGuard, Inc. f/k/a Enforcement Video, LLC d/b/a WatchGuard Video (“WatchGuard”) have reached a resolution of the pending patent infringement litigation brought by Digital Ally against WatchGuard. On May 26, 2016, Digital Ally initiated a patent litigation against WatchGuard for alleged infringement of United States Patent Nos. 8,781,292 (the “’292 Patent”), 9,253,452 (the “’452 Patent”), and 9,325,950 (the “’950 Patent”). The action was filed in the U.S. District Court for the District of Kansas.  On May 13, 2019, the parties resolved the dispute and executed a settlement agreement in the form of a Patent License and Settlement Agreement. The litigation will be dismissed with prejudice as a result of this settlement.  The resolution of th Show less Read more
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