(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

(Update1) Federal court upholds $502.6M award VirnetX won against Apple

VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, said the final judgement of the U.S. District Court in Tyler, Texas upheld the $502.6 million jury verdict for VirnetX in the ongoing patent infringement action against Apple Inc. Zephyr Cove, Nevada-based VirnetX said in addition to affirming the award, the district [...]

By | August 31st, 2018|Federal Circuit, litigation, NPE, Patent Investing|0 Comments

Federal judge reverses invalidation of Network-1’s flagship Remote Power Patent in dispute with HP

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said a federal judge reversed part of jury verdict that invalidated its flagship Remote Power Patent but left standing the finding that Hewlett-Packard didn’t infringe the patent. Judge Robert Schroeder III, of the U.S. District Court in Tyler, granted Network-1’s motion for [...]

By | August 30th, 2018|Federal Circuit, litigation, Patent Investing|0 Comments

TiVo may have a bigger licensing opportunity against Amazon than Comcast, analyst says

TiVo Corp. (TIVO), the patent licensing company locked in a multi-hundred million patent infringement dispute with Comcast Corp., may have an even bigger potential licensing opportunity in Amazon’s development of a device that would record and store live TV and allow consumers to stream shows to their mobile devices. That’s the assessment of Eric Wold, [...]

By | August 23rd, 2018|IPRs, litigation, Patent Investing|0 Comments

FTC is urged to reign in predatory companies who infringe and refuse to take a patent license

The Federal Trade Commission should reign in the predatory and unfair trade practices of large companies who use their market power to acquire new technologies invented and patented by third parties and systematically and intentionally infringe patents and refuse to pay for a license. That’s the recommendation of the Alliance of U.S. Startups and Inventors [...]

(Update1) Arista Networks agrees to settle IP dispute with Cisco for $400 million

Arista Networks Inc. (ANET) agreed to pay $400 million to Cisco Systems Inc. (CSCO) by Aug. 20 to settle all pending district court and U.S. International Trade Commission litigation between the parties, according to a securities filing on Aug. 6. Under the binding term sheet, Cisco will grant Arista a release for all claims of [...]

By | August 6th, 2018|litigation, Patent Investing, US ITC|0 Comments

IBM plans to seek enhanced damages on top of $82.5M awarded against Groupon

IBM Corp. (IBM) said it plans to seek enhance damages in its patent dispute with Groupon over infringement of four patent related to the technology of the early world wide web. Last week, a jury in the U.S. District Court in Wilmington, Delaware held that Groupon infringed IBM's patents and awarded IBM $82.5 million in [...]

By | August 2nd, 2018|litigation, Patent Investing|0 Comments

(Update1) Quarterhill shares surge 31% after WiLAN unit wins $145M award against Apple

Shares of Quarterhill Inc. (QTRH) surged 31% or 34 cents to $1.42 a share a day after a jury in the U.S. District Court in San Diego, California awarded its WiLAN Inc. patent licensing unit $145.1 million in damages in a patent infringement dispute with Apple Inc. Ottawa, Ontario-based WiLAN said the dispute involved infringement of [...]

By | August 2nd, 2018|litigation, Patent Investing|0 Comments

Jury awards WiLAN $145M in patent infringement dispute with Apple

A jury in the U.S. District Court in the Southern District of California awarded WilAN Inc., a unit of Quarterhill Inc. (QRTH) $145.1 million in damages in a patent infringement dispute with Apple Inc. Ottawa, Ontario-based WiLAN said the dispute involved infringement of WiLAN's U.S. patent Nos 8,457,145 and 8,537,757. The award is one of the [...]

Marathon agrees to pay $2.15M to settle patent purchase dispute with Symantec

Marathon Patent Group Inc. (MARA), the former patent licensing company that was forced to turn over its most valuable patents to a unit of Fortress Investment Group to satisfy a default on $15 million in debt, said it agreed to pay Symantec Corp. $2.15 million to settle a dispute over the alleged breach of a [...]

By | July 31st, 2018|litigation, Patent Investing|0 Comments