Brief: Patent And Market Appeal Court Rules On Claims Made By Former C Rad Employee

C Rad AB

30/06/2023 11:33

June 30 (Reuters) - C Rad AB  CRADb.ST :
    * PATENT AND MARKET APPEAL COURT RESOLUTION OF CLAIMS MADE
BY
FORMER EMPLOYEE
    * APPEAL COURT RULED ON A FORMER EMPLOYEE'S CLAIM FOR
COMPENSATION, SAYING FORMER EMPLOYEE IS ENTITLED TO 1/5 OF WHAT
HE DEMANDED
    * BACKGROUND IS LAWSUIT FILED AGAINST C-RAD ON MAY 9TH 2020
BY
FORMER EMPLOYEE CLAIMING COMPENSATION OF SEK 85,6 MILLION
    * PATENT AND MARKET COURT OF APPEAL AWARDED FORMER EMPLOYEE
SEK 4
385 000 FOR PAST TIME AND A 1% ROYALTY ON NET SALES GOING
FORWARD
    * FORMER EMPLOYEE IS ORDERED TO PAY C-RAD'S LEGAL COSTS IN
BOTH
FIRST AND SECOND INSTANCE, TOTALING SEK 1 264 000.

Source text for Eikon:  ID:nMFN9jrM34 
Further company coverage:  CRADb.ST 

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