March 25, 2011 / 5:28 PM / 8 years ago

Kodak shares surge ahead of next step in ITC case

* ITC to decide whether to review judge’s recommendation

* Judge’s finding favored Apple, RIM

* Kodak shares surge 9 percent

SAN FRANCISCO, March 25 (Reuters) - Shares of Eastman Kodak EK.N surged on speculation the U.S. International Trade Commission could go against a recommendation in favor of Apple Inc (AAPL.O) and Research In Motion Ltd RIM.TO in a patent dispute.

Kodak’s stock rose 9 percent to $3.41 ahead of a decision expected Friday afternoon by the ITC on whether to review a judge’s initial determination.

Kodak filed an ITC complaint in January 2010, claiming that Apple’s iPhone and RIM’s camera-enabled Blackberry infringe a Kodak patent related to a method for previewing images.

An ITC judge issued an initial determination that Kodak’s patent claim was invalid, but Kodak has said it expects the full ITC to rule the claim is valid. (Reporting by Noel Randewich; editing by John Wallace)

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