- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
NVE Corporation (Nasdaq:NVEC) today announced that the United States District Court for the District of Minnesota has dismissed with prejudice the consolidated shareholder class action lawsuit filed in 2006 against NVE and certain of its current and former executive officers and directors.
"The court order to dismiss supports our long-standing position that the lawsuits were wholly without merit," said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D.
About NVE Corporation
NVE is a leader in the practical commercialization of spintronics, a nanotechnology that many experts believe represents the next generation of microelectronics. NVE licenses its MRAM intellectual property and sells spintronic products, including sensors and couplers, to revolutionize data sensing and transmission.
The NVE Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3120
Statements used in this press release that relate to future plans or events are forward-looking statements that are subject to certain risks and uncertainties including, among others, risks of a successful appeal of the judgment dismissing the securities action as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10 K and other reports filed with the SEC.
For more information, please click here
Curt A. Reynders
Chief Financial Officer
Copyright © PrimeNewswireIf you have a comment, please Contact us.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
Nanometrics Announces Upcoming Investor Events July 28th, 2015
Spintronics: Molecules stabilizing magnetism: Organic molecules fixing the magnetic orientation of a cobalt surface/ building block for a compact and low-cost storage technology/ publication in Nature Materials July 25th, 2015
Spintronics just got faster July 20th, 2015
Artificial blood vessels become resistant to thrombosis August 4th, 2015
Engineering a better 'Do: Purdue researchers are learning how August 4th, 2015
Proving nanoparticles in sunscreen products August 4th, 2015
Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015