James Lieberman's questions to Vicor Corp (VICR) leadership • Q3 2024
Question
James Lieberman of American Trust Investment Services asked for an explanation of the procedural next steps following the initial determination from the ITC, including when potential sanctions like exclusion orders and bonds might become effective.
Answer
CEO Patrizio Vinciarelli outlined the ITC process, explaining that the Administrative Law Judge's initial determination is reviewed by the full commission, with a final determination expected by February 3. This is followed by a presidential review. He noted that during the presidential review period, a bond—set by the judge at 100% of the value of infringing computing systems—must be posted by infringers to import affected products.