See why the world's biggest companies face patent lawsuits in this small Texas town

dealmaker · Mar 27, 2017

http://my.xfinity.com/video/see-why...cast/TODAY_new?cid=sf_vidtray_George&tab=News

OddTrader · Mar 27, 2017

Law & Disorder —

Company with no product wins $533M verdict vs. Apple, says it’s no “patent troll”

If upheld, verdict would be largest yet for a patent assertion company.

Joe Mullin - Feb 25, 2015

https://arstechnica.com/tech-policy...3m-verdict-vs-apple-says-its-no-patent-troll/

Smartflash LLC is a company that operates out of a tiny office suite in Tyler, Texas. It has no employees or products and no assets except for a handful of patents—but it may be getting a whole lot of cash. A jury verdict (PDF) that came out late yesterday orders Apple to pay the company $533 million for infringing three of its patents.

The company is no "patent troll," its lawyer insisted in e-mail and telephone discussions with Ars. He says that term doesn't apply because the company is part-owned by founder Patrick Racz, who's the named inventor on the three patents found to be infringed, numbered 7,334,720, 8,118,221, and 8,336,772. All three are related to downloading digital content.
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See why the world's biggest companies face patent lawsuits in this small Texas town

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