Federal Circuit Court vacates lost profits award against ION; Remands case to District Court to determine whether to reinstate lost profits award or hold a new trial as to lost profits

HOUSTON, Jan. 11, 2019 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today announced that the Federal Circuit Court of Appeals in Washington, D.C. has again vacated the judgment that would have required ION to pay more than $93 million to WesternGeco for lost profits from surveys ...