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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SMME > SEC Filings for SMME > Form 8-K on 5-Dec-2012All Recent SEC Filings

Show all filings for SMARTMETRIC, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SMARTMETRIC, INC.


5-Dec-2012

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On August 29, 2011, Smartmetric, Inc. (the "Company") the Company filed a complaint in the United States District Court, Central District of California (the "Court"), Case No. 2: 11-cv-07126-MWF-FMO, against Mastercard International, Inc. ("MasterCard") and Visa, Inc. ("Visa" and collectively with Mastercard, the "Defendants") alleging patent infringement on the Company's patent, U.S. Patent 6,792,464 (the " '464 Patent"). The Company is seeking the following relief from MasterCard and Visa:

1. For an order pursuant to 35 U.S.C. section 271 declaring that both MasterCard and Visa have infringed one or more claims of the '464 Patent;
2. A preliminary and permanent injunction against both MasterCard and Visa prohibiting each of them from further infringement of the '464 Patent;
3. An award of actual damages the Company has suffered by reason of the infringement charged in the complaint in an amount not less than a reasonable royalty on both MasterCard's and Visa's infringement of the '464 Patent:
4. An award to the Company of its costs; and
5. Such other relief as the Court may deem just and proper.

On December 3, 2012, the Court (i) vacated the hearing set for December 5, 2012,
(ii) denied without prejudice Defendants' motion for entry of a proposed protective order against the Company in connection with discovery since the Defendants failed to establish good cause and specify the significant harm they will suffer to their competitive and financial position if the requested protective order is not entered and (iii) set forth standards that the parties should take into consideration in the event they decide to submit another protective order. The parties had agreed upon all but one provision of the proposed protective order, which provision related to whether the Company's chief executive officer should have access to Defendants' confidential information.

The foregoing information is a summary of the order described above, is not complete, and is qualified in its entirety by reference to the full text of such order, a copy of which is attached as an exhibit to this Current Report on Form 8-K. Readers should review such order for a complete understanding of the decision made by the Court.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Order Denying Defandants' Proposed Protective Order, filed December 3, 2012 in the United States District Court, Central District of California.

  Add SMME to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SMME - 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.