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Friday, May 4, 2012
Nokia Weighs In On Investors? Class-Action Lawsuit: It Has ?No Merit?
Nokia may be busy suing the likes of RIM, HTC, and Viewsonic over the infringement of a long list of wireless patents, but the Finnish company should watch their backs -- now they're the target of a class-action lawsuit from a shareholder because their plan to embrace to Windows Phone hasn't yielded the right results. But are they concerned about it? Not if their official statement on the situation is any indication -- Nokia has just reached out to say that they are "reviewing the allegations contained in the complaint and believes that they are without merit. Nokia will defend itself against the complaint."
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