Injunction barring BlackBerry possible (again)

Oct 21 2005 - 12:30 PM ET | Research In Motion

rim logoReuters is reporting on some drama today with the NTP versus Research In Motion patent infringement case. According to NTP a stay was denied and the injunction to halt BlackBerry service is back on the table:

A U.S. District Court will be asked to reconfirm an injunction that could shut down Research In Motion Ltd.'s BlackBerry service in the United States after a motion to stay the case was denied, NTP Inc. said on Friday.

Shares of RIM [RIMM] fell sharply on the news, before trading for the stock was halted.

UPDATE: Trading for RIMM has resumed and have regained some value.