What happened Shares of VirnetX Holding (NYSEMKT: VHC) rose on Wednesday after the company provided an update on its ongoing legal battle with Apple (NASDAQ: AAPL). The stock was up about 7.8% at 11:40 a.m. EDT after having risen as much as 28% earlier in the day. So what In an SEC filing, VirnetX disclosed that the U.S. District Court for the Eastern District of Texas denied a motion for relief from judgement brought by Apple. VirnetX had previously been awarded $439.8 million in a case against the tech giant that began nearly 10 years ago. Image source: Getty Images. VirnetX announced in March it had received a payment of $454 million from Apple, representing the judgement plus interest. That followed a February decision from the U.S. Supreme Court denying Apple's petition for a writ of certiorari seeking a review of judgment in the case. The legal battle is over virtual private network technology used in Apple's FaceTime product. Now what VirnetX has a market capitalization of less than $400 million, so any adverse ruling related to the Apple case would be very bad news for the stock. Shares of VirnetX are now up about 44% for the year including Wednesday's rally. 10 stocks we like better than AppleWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 Timothy Green has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Apple. The Motley Fool has a disclosure policy.Source