Facebook, PA Advisors Near Settlement

Law360, New York (July 25, 2008, 12:00 AM EDT) -- A federal judge has denied motions by Facebook Inc. and ContextWeb after learning that they are negotiating settlements with PA Advisors LLC in its patent infringement suit against 13 online advertising providers.

At a July 24 hearing in the U.S. District Court for the Eastern District of Texas, Judge David Folsom dismissed Facebook's motion to dismiss and ContextWeb's motion to change the venue.

The court also dismissed a motion to dismiss filed by Yahoo because the plaintiff's first amended complaint and a more recent motion filed...
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