NetworkNewsBreaks – ParkerVision, Inc. (NASDAQ: PRKR) Shares Sink on Motion to Terminate ITC Investigation
Shares of ParkerVision (NASDAQ: PRKR) are down 17% following the company’s early announcement that it is filing a motion to terminate its International Trade Commission (ITC) investigation in light of a recent ruling by the Administrative Law Judge (ALJ) disallowing key factual evidence in the company’s proceedings. The company was informed of this confidential ruling just prior to the start of the ITC hearing, which is scheduled to begin today. ParkerVision stated that it remains prepared to try its case based on evidence obtained in the investigation, however, the recent ruling excluding material portions of the company’s evidence resulted in…







