Molex Files Declaratory Judgment Against FCI.LISLE, Ill. -- Molex Incorporated (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MOLX)(NASDAQ:MOLXA), a global electronic components company, today reported it filed suit last Thursday, January 25, against FCI (Flux Changes per Inch) The measurement of polarity reversals on a magnetic surface. In MFM, each flux change is equal to one bit. In RLL, a flux change generates more than one bit. in the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. in Nevada. The suit seeks a declaratory judgment declaratory judgment In law, a judgment merely declaring a right or establishing the legal status or interpretation of a law or instrument. It is binding but is distinguished from other judgments or court opinions in that it includes no executive element (an order that that Molex's I-Trac(TM) connectors are not covered by FCI's shieldless connector patents, and further seeks an injunction against FCI's continued assertions that Molex I-Trac(TM) connectors infringe any of those patents. The patent infringement suit that FCI filed in the United States District Court in Delaware on Friday, January 26, appears to be in response to Molex's earlier filed declaratory judgment suit. Molex Incorporated is a 68-year-old manufacturer of electronic components, including electrical and fiber optic interconnection products and systems, switches and integrated products, with 65 plants in 20 countries throughout the world. Editor's note: Molex is traded on the NASDAQ Global Select Market (MOLX and MOLXA) in the United States and on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . The Company's voting common stock (MOLX) is included in the S&P 500 Index. |
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