Netlist secures order finalizing $445M damages award against Micron

Netlist (NLST) announced the Court’s denial of Micron’s post-trial motions in Netlist v. Micron Technology (MU)., case no. 2:22-cv-294-JRG, in the United States District Court for the Eastern District of Texas. The Court’s Memorandum Opinion and Orders denying Micron’s post-trial motions, combined with the Final Judgment entered in July 2024, bring this case to a close in the District Court. The Court has upheld the jury’s verdict and damages award in the May 2024 trial and that Micron willfully infringed Netlist’s patented technologies. The $445,000,000 award was granted as a reasonable royalty for Micron’s infringement of Netlist’s patents from April 2021 to May 2024 for the ‘912 patent and from August 2021 to May 2024 for the ‘417 patent.