(Update1) Former patent investor Kesner and Sichenzia law firm sued by MabVax for allegedly concealing conflicts of interest and other causes

Former patent investor and interim CEO of Spherix Inc. (SPEX) Harvey Kesner allegedly led an effort at the law firm of Sichenzia Ross Ference LLP to conceal alleged conflicts of interest of himself and two partners in order secure $1.6 million in legal fees as well as allegedly made illegal trading profits from MabVax Therapeutics [...]

By | September 18th, 2018|litigation, Patent Investing, Uncategorized|0 Comments

Serial IPR petitioners abuse the IPR process according to Robins Kaplan study

The Patent Trial and Appeal Board has adopted a much too permissive approach to allowing petitioners to file serial inter partes review challenges of the same patent with some of the biggest abusers such as Apple and Microsoft filing duplicative IPRs 56% and 59% of the time. That's according to a new study by the [...]

By | September 14th, 2018|Patent Investing, Patent Reform, PTAB, Uncategorized, USPTO|0 Comments

(Update2) RPX seeks en banc review of Federal Circuit ruling remanding IPR ruling to PTAB due to real party in interest issues

RPX Corp., the patent risk aggregator and provider of NPE litigation loss control services, has petitioned for an en banc ruling by the Court of Appeals for the Federal Circuit after a three judge panel ruled that the Patent Trial and Appeal Board erred in finding that RPX was the real party in interest in [...]

By | September 14th, 2018|Federal Circuit, Patent Investing, PTAB, Supreme Court|0 Comments

Federal Circuit affirms PTAB invalidation of most claims of patent ParkerVision enforced against Qualcomm

The Court of Appeals for the Federal Circuit affirmed a decision by the Patent Trial and Appeal Board in three IPR rulings that most of the claims of a patent enforced by ParkerVision Inc. (PRKR) against Qualcomm Inc. were invalid due to obviousness. Qualcomm filed three petitions for IPR challenging the patentability of claims of [...]

By | September 13th, 2018|Federal Circuit, Patent Investing|0 Comments

Quarterhill’s IRD unit lines up $8.1M traffic monitoring data project with Hawaii

Quarterhill Inc. (QTRH), the diversified holding company run by CEO Douglas Parker, said its International Road Dynamics Inc.  unit has been awarded an $8.1 million five year contract by the State of Hawaii Department of Transportation for Continuous Traffic Monitoring Data Collection Goods and Services Statewide. Ottawa, Ontario based Quarterhill said IRD's CTM systems will [...]

By | September 13th, 2018|Patent Investing, Product|0 Comments

Former IPValue exec Petrelli launches Providentia IP to provide custom IP advisory work

Robert Petrelli, a patent licensing executive with experience from IPValue, AT&T, Lucent and Nokia Bell Labs, has launched a new custom IP advisory business called Providentia IP. "I am very excited about starting my own company, Providentia IP (www.providentiaip.com)," Petrelli said in an email. "Along with my partner, Dr. Anthony Gopal, we are leveraging our [...]

By | September 12th, 2018|Patent Investing|0 Comments

Former patent investors Honig, Frost and Stetson charged with involvement in three pump and dumps

Former patent investors and micro-cap financiers Barry Honig, Dr. Phillip Frost and John Stetson were among a group of individuals and companies charged with securities fraud for leading a $27 million pump and dump scheme involving three companies, including MGT Capital Investments, a gaming and patent licensing company. Honig, 47, and Stetson, 33, were both [...]

By | September 11th, 2018|Patent Investing|0 Comments

HGGC’s RPX completes a licensing agreement with Realtime Data LLC

RPX Corp., the patent aggregator owned by private equity firm HGGC LLC, said it has completed a patent licensing agreement with Realtime Data LLC for an undisclosed sum. San Francisco-based RPX said that over the past 10 years, Realtime has sued more than 100 companies for allegedly infringing patents it owns relating to data compression [...]

By | September 11th, 2018|licensing agreement, Patent Investing|0 Comments

Rob Stewart, former president of Acacia, reduces his stake by 46,143 shares

Rob Stewart, the former president of Acacia Research Corp. (ACTG), raised about $166,567 from the Sept. 7 sale of 46,143 shares of Acacia for $3.6098 a share. The sales leave Stewart with 52,500 shares of Acacia. Stewart resigned from Acacia after shareholders ousted former Executive Chairman G. Louis Graziadio III and another director, voting in [...]

By | September 10th, 2018|exec changes, Patent Investing|0 Comments

(Update2) Shareholders approve liquidation and dissolution of Walker Innovation

Shareholders of Walker Innovation Inc., the patent licensing company run by CEO Jonathan Siegel, approved the liquidation and dissolution of the company at a special meeting of stockholders on Sept. 5. By a vote of 29,259,267 in favor, 53,681 opposed and 18,512 abstentions, the dissolution was approved. The company's founder Jay Walker, who also is [...]

By | September 10th, 2018|Patent Investing|0 Comments