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Vonage Wants Verizon Case Tossed

It cites a recent Supreme Court decision.

Vonage (VG) - Get Vonage Holdings Corp. Report says it is seeking to have Verizon's (VZ) - Get Verizon Communications Inc. Report patent litigation case thrown out.

The Holmdel, N.J., Net-calling shop asked the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., to vacate a decision by the U.S. District Courts that found Vonage had infringed on some of Verizon's calling technology.

The move comes a day after the Supreme Court undercut a legal standard that could make so-called obvious inventions invalid.

"We are very encouraged by the Supreme Court's decision and the giant step it represents towards achieving much-needed patent reform in this country," Vonage chief Jeffrey Citron said in a press release.

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"The Supreme Court's decision should have positive implications for Vonage and our pending patent litigation with Verizon," Citron continued.

Vonage shares closed up 7 cents at $3.14 and were unchanged in after-hours trading Tuesday.