- About Us
- 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|
Arrowhead Provides Response to New Minority Shareholder Announcement January 7th, 2017
Harris & Harris Group Announces a Proposed Strategic Restructuring December 20th, 2016
Electron highway inside crystal December 12th, 2016
Making spintronic neurons sing in unison November 18th, 2016
Self-assembling particles brighten future of LED lighting January 18th, 2017
Nanoparticle exposure can awaken dormant viruses in the lungs January 17th, 2017
Nanoscale view of energy storage January 16th, 2017