High court upholds the constitutionality of the IPR process as expected in blow to patent holders

The U.S. Supreme Court upheld the constitutionality of the inter partes review process before the Patent Trial and Appeal Board in a 7-2 decision in Oil States Energy Services LLC v. Greeneā€™s Energy Group LLC written by Justice Clarence Thomas in which the hight court emphasized the narrowness of the decision and noted arguments not [...]

(Update1) VirnetX Holdings wins $502.6M jury award in fourth trial against Apple

VirnetX Holdings Corp. (VHC), the patent licensing company that's been battling Apple Inc. over patent infringement related to iPhones and other products for 8 years, won a $502.6 million verdict against the computer giant in a U.S. District Court in Tyler, Texas. Shares of Zephyr Cove, Nevada-based VirnetX surged as much as 41% in after [...]

By | April 10th, 2018|Federal Circuit, litigation, Patent Investing, PTAB|0 Comments

Federal Circuit rules PTAB erred in not accepting Google’s claims construction in rulings on IPRs challenging Network-1 patents

The Court of Appeals for the Federal Circuit ruled that the Patent Trial and Appeal Board erred in its claim construction of certain terms in four final written decisions in inter partes reviews filed by Google Inc. and YouTube LLC finding patents owned by Network-1 Technologies (NTIP) to be valid. The case involves U.S. Patent [...]

By | March 28th, 2018|Federal Circuit, litigation, Patent Investing, PTAB|0 Comments

Federal Circuit reverses PTAB decision invalidating DSS patent enforced against Apple

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it won reversal of a Patent Trial and Appeal Board decision that found that claims of a patent being enforced against Apple were unpatentable. Rochester, New York-based DSS said U.S. Patent No. 6,128,290 is the subject of DSS's patent infringement [...]

VirnetX says it raised $7.03M in ATM facility between Jan. 1 and March 14

VirnetX Holding Corp. (VHC), the patent licensing company fighting to secure a $439.7 million infringement verdict against Apple Inc. (APPL), said it raised about $7.03 million from selling shares under a $35 million at the market offering facility. The Zephyr Cove, Nevada-based company said the sales arranged by Cowen & Co. were made between Jan. [...]

(Update 1) St. Regis Mohawk Tribe files to appeal PTAB rejection of tribal sovereign immunity from IPRs to the Federal Circuit

The Saint Regis Mohawk Tribe, as expected, said it plans to appeal the Patent Trial and Appeal Board's decision rejecting the tribe's effort to use its tribal sovereign immunity to shield a patent related to the chronic dry eye drug Restasis from a challenge in inter partes review. The PTAB rejected the tribe's motion to [...]

(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 [...]

Federal Circuit hands Network-1 a win, affirming PTAB ruling against CBM filed by Google, YouTube

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said the U.S. Court of Appeals for the Federal Circuit affirmed the final written decision of the Patent Trial and Appeal Board in favor of Network-1 relating to a covered business method review challenge made by Google Inc. and YouTube LLC to [...]

By | January 24th, 2018|Federal Circuit, Patent Investing, PTAB|0 Comments

Finjan posts second consecutive profit in fiscal 2017 on $50.5M in licensing settlements

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, posted its second consecutive annual profit as revenue more than doubled. East Palo Alto, California-based Finjan said its preliminary and unaudited 2017 net income from operations rose to $15 million, or 50 cents a share, from $350,000, or 2 cents [...]

(Update3) CAFC affirms only $7.8M of $39.5M in damages Finjan won from Blue Coat, part of case remanded

The Court of Appeals for the Federal Circuit handed Finjan Inc. (FNJN), the cyber-technology and patent licensing company run by CEO Phil Hartstein, a blow, affirming only $7.8 million of the $39.5 million jury verdict against Blue Coat Systems. The decision was handed down today as East Palo Alto-based Finjan was still involved in a [...]

By | January 10th, 2018|Federal Circuit, litigation, Patent Investing|0 Comments