Home / Tech News & Announcements / Federal Circuit Court vacates lost profits award against ION; Remands case to District Court to determine whether to reinstate lost profits award or…

Federal Circuit Court vacates lost profits award against ION; Remands case to District Court to determine whether to reinstate lost profits award or…

HOUSTON, Jan. 11, 2019 /PRNewswire/ — ION Geophysical Corporation (NYSE: IO) today announced that the Federal Circuit Court of Appeals in Washington, D.C. has again vacated the judgment that would have required ION to pay more than $93 million to WesternGeco for lost profits from surveys …

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Federal Circuit Court vacates lost profits award against ION; Remands case to District Court to determine whether to reinstate lost profits award or…

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