Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
PANL > SEC Filings for PANL > Form 8-K on 17-May-2012All Recent SEC Filings

Show all filings for UNIVERSAL DISPLAY CORP \PA\ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for UNIVERSAL DISPLAY CORP \PA\


17-May-2012

Other Events


Item 8.01 Other Events.

Developments in Legal Proceedings

In the "Legal Proceedings" section of our Quarterly Report on Form 10-Q for the period ended March 31, 2012 (the "Form 10-Q"), we disclosed the status of several litigations, including invalidation trials in Japan for Japan Patent Nos. 3992929 (JP '929 patent) and 4511024 (JP '124 patent).

On May 16, 2012, we learned that the Japanese High Court issued a decision relating to the JP '929 Patent that confirmed the prior decision of the Japanese Patent Office (JPO) by acknowledging the validity of certain claimed inventions in the patent, but confirming the JPO's conclusion to invalidate the broadest claims in the patent. We are still waiting to receive translated copies of the JPO's decision, after which we plan to appeal the decision to the Japanese Supreme Court.

On May 10, 2012, we learned that with respect to the JP '024 patent, which was the subject of an Invalidation Trial at the JPO as described in the Form 10-Q, the JPO issued a decision upholding the validity of certain claimed inventions in the patent but invalidating the broadest claims in the patent. We believe the JPO's decision was erroneous with respect to the broadest claims and we intend to appeal the decision to the Japanese High Court.

We believe the above decisions should not have a material adverse impact on the Company's global portfolio of patents and pending applications or our ability to pursue licensing and material sales business opportunities. However, we note that as discussed in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2011 (the "Form 10-K"), we face various risks relating to the protection of our intellectual property, as described beginning on page 16 of the Form 10-K.


  Add PANL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for PANL - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2013 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.