Conversant forces concessions from ZTE in China claim, wins legal costs in U.K. court

Conversant Wireless Licensing S.A.R.L., a unit of Conversant Intellectual Property Management, run by CEO Boris Teksler, recently won important concessions and costs from ZTE Corp. in a dispute before a patent court in the U.K. In addition, Justice Harry Carr, of the High Court of Justice, Business and Property Courts of England and Wales, Intellectual [...]

By | October 4th, 2018|Uncategorized|0 Comments

(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

Acacia sells 1 million shares of Veritone for $10.50 a share or $10.5M

Acacia Research Corp. (ACTG), the patent licensing company run by activist directors Al Tobia Jr. and Clifford Press, said it sold 1 million shares of Veritone Inc. (VERI), the radio broadcast advertising platform with artificial intelligence features, for $10.50 a share, or $10.5 million. Newport Beach, California-based Acacia under former Executive Chairman G. Louis Graziadio [...]

By | August 29th, 2018|Patent Investing, Uncategorized|0 Comments

(Update1) Immersion names former Xperi CEO Tom Lacey as interim CEO and director

Immersion Corp. (IMMR), the haptics or touch technology and licensing company, said Tom Lacey was appointed interim chief executive officer and director, replacing Carl Schlachte, who is resigning. The San Jose, California company also said lead independent director Sharon Holt has been named chairman. Lacey previously was CEO of Xperi Corp.(XPER) and its predecessor Tessera [...]

By | August 23rd, 2018|exec changes, Patent Investing, Uncategorized|0 Comments

(Update2)Two Acacia directors resign after clash with newly installed activist directors

Acacia Research Corp. (ACTG), the patent licensing company run by President Rob Stewart, said directors William S. Anderson and Paul Falzone have resigned from the board in the first sign that two newly installed activist directors Al Tobia Jr. and Clifford Press are influencing the corporate strategy of the struggling company. Newport Beach, California-based Acacia [...]

By | August 1st, 2018|exec changes, Patent Investing, Uncategorized|0 Comments

InterDigital CEO Merritt gets a 6% raise after year in which he acquired Technicolor’s patent licensing business

InterDigital Inc. (IDCC) CEO William Merritt received a 6% increase in salary from the board effective July 1 after a year in which the technology and licensing company executed on the $150 million acquisition of Technicolor SA’s patent licensing business to stem a decline in revenue and earnings. The Wilmington, Delaware-based company said the board [...]

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

Levi Strauss signs new licensing agreement for additional laser patents with RevoLaze

RevoLaze, LLC, a laser technology company, said it has reached a new licensing agreement with Levi Strauss & Co. regarding additional denim laser patents from its intellectual property portfolio. The Westlake, Ohio-based firm didn't disclose how much Levi Strauss agreed to pay for the new agreement. The company said the new agreement provides Levi Strauss [...]

By | March 14th, 2018|Patent Investing, Uncategorized|0 Comments

Quarterhill swings to 4th-Qtr loss on charges related to disposal and impairment of intangibles

Quarterhill Inc. (QTRH), the technology and licensing company run by CEO Douglas Parker, swung to a fourth quarter 2017 net loss of $12.36 million, or 10 cents a share, on $26.3 million in non cash charges related to a loss on disposal of intangible assets and impairment loss on intangibles. Ottawa, Ontario-based Quarterhill's loss compared [...]

(Update2) PTAB rejects St. Regis Mohawk Tribe’s effort to terminate IPR review of patents for Allergan’s Restasis

The Patent Trial and Appeal Board rejected the St. Regis Mohawk Tribe's motion to terminate an inter partes review challenge of patents related to Allergan Plc's Restasis drug for chronic dry eye because of the tribe's sovereign immunity from federal actions. The PTAB said in a ruling on Friday Feb. 23 that "we determine that [...]