litigation
confidence high
sentiment neutral
materiality 0.35
Kopin Corp. trial in BlueRadios IP suit rescheduled to March 20, 2024
KOPIN CORP
- Trial date moved from Jan 22-Feb 5 to March 20, 2024 due to COVID-related issues.
- BlueRadios alleges breach of contract, misappropriation of trade secrets, seeks monetary and injunctive relief.
- Court granted Kopin partial summary judgment on several counts in August 2022.
- Company has not recorded an accrual, stating loss is not probable as of Sept 30, 2023.