U.S. DISTRICT COURT RULES IN FAVOR OF REPEAT PRECISION AND NCS MULTISTAGE WITH $34.4 MILLION AWARD
NCS Multistage Holdings, Inc. (NCSM)
Last ncs multistage holdings, inc. earnings: 3/2 04:10 pm
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Source: GlobeNewswire
HOUSTON, March 17, 2020 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NASDAQ:NCSM) today announced that the United States District Court for the Western District of Texas, Waco Division, has awarded Repeat Precision, LLC, a 50 percent owned subsidiary of NCS (“Repeat Precision”), an approximately $34.4 million decision plus attorneys’ fees, in the case of Diamondback Industries, Inc. (“Diamondback”) vs. Repeat Precision, LLC, NCS Multistage LLC, and NCS Multistage Holdings, Inc., No.6:19-CV-00034-ADA. In its ruling, the Court validated the terms of Repeat Precision’s exclusive license agreement with respect to the setting tool technology practicing U.S. Patent No. 9,810,035, which Repeat Precision sells on a standalone basis and as the PurpleSeal Express™ System, combining the setting tool with the PurpleSeal™ frac plug. This ruling means Diamondback is prevented from selling its infringing SS line of setting tools. To read the Court’s ruling in its ent
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News
- Shareholders Shouldn't Be Too Comfortable With NCS Multistage Holdings' (NASDAQ:NCSM) Strong Earnings [Yahoo! Finance]Yahoo! Finance
- NCS Multistage Holdings, Inc. Announces Third Quarter 2024 Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- NCS Multistage Holdings, Inc. Announces Third Quarter 2024 ResultsGlobeNewswire
- NCS Multistage Holdings, Inc. Schedules Third Quarter 2024 Earnings Release and Conference CallGlobeNewswire
NCSM
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 10/31/24 - Form 10-Q
- NCSM's page on the SEC website