Bloomberg – Tom Claps headed to Texas to scope out developments as TiVo Inc. (TIVO)’s trial against Google Inc.’s Motorola Mobility unit neared, with as much as $1 billion at stake over rights to digital-video-recorder technology.
Calling the court clerk June 6 for the location of a hearing, he was told it was off: the case was settled. Understanding the significance, the former Skadden Arps litigator, who joined Susquehanna Financial Group two years ago as a legal analyst, fired off a note that prompted a spike in TiVo shares and baffled other investors in the absence of news.
