Viavi Solutions Says Kansas Court Of Appeals Rules In Favor Of Aeroflex Wichita In Case Against Tel-Instrument Electronics
Portfolio Pulse from Benzinga Newsdesk
The Kansas Court of Appeals has ruled in favor of Aeroflex Wichita, a subsidiary of Viavi Solutions (VIAV), in a case against Tel-Instrument Electronics. Doug Russell, Senior Vice President, AvComm, VIAVI, expressed satisfaction with the court's decision.
August 08, 2023 | 10:37 am
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The court ruling in favor of Aeroflex Wichita, a subsidiary of Viavi Solutions, could potentially boost investor confidence in VIAV.
Legal victories often boost investor confidence as they reduce potential liabilities and demonstrate the company's ability to defend its interests. This ruling could therefore have a positive impact on VIAV's stock in the short term.
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