WASHINGTON (Reuters) -- The U.S. Supreme Court declined on Monday to hear the Federal Trade Commission's appeal in its suit against Rambus Inc. that accused the memory chip maker of "deceptive conduct," sending the company's shares up as much as 16% in early trading.The FTC, one of two U.S. agencies to enforce antitrust law, said Rambus failed to tell a standard-setting group about patented technologies while advocating them as a new chip standard.
The Supreme Court denied the FTC's appeal without any comment.
The suit is one of several legal issues involving Rambus, whose shares whipsaw with each development.
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