(RTTNews) - Tessera Technologies (TSRA) fell in pre-market trading, after ITC issued an initial determination in its wireless ITC action.

The stock was down $6.97 just after 8:20 am ET, dropping to $9.65. If pre-market losses hold, the stock will open at a new low.

Tuesday, after the closing bell, Tessera Technologies said that the Administrative Law Judge overseeing the International Trade Commission action brought by Tessera against certain wireless manufacturers issued an initial determination finding Tessera's asserted patents are valid but not infringed by the respondents.

The Administrative Law Judge's decision is subject to review by the full ITC Commission. Within 120 days of the issued initial determination, the Commission can affirm, modify or reverse the Administrative Law Judge's decision in developing the ITC's final determination.

Tessera and the respondents have the opportunity to provide additional briefing to the ITC as the Commission reviews the Administrative Law Judge's decision.

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