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: Philip Brooks’ Patent Infringement UpdatesInvotex Damages Expert Testifies in Internet Advertising Patent Infringement Trial against Yahoo
By Philip Brooks
From a May 19, 2009 press release at PR Newswire:
In the internet advertising patent infringement suit brought against Yahoo, Inc. by Acacia Research Corporation's subsidiary, Creative Internet Advertising Corp., Invotex(R) Group damages expert Michele M. Riley, CPA, testified on behalf of plaintiff Creative that the amount of total damages adequate to compensate for the claimed infringement was approximately $6.6 million. A damage expert from FTI Consulting, Inc. testified on behalf of the defendants that the total amount of damages adequate to compensate for infringement was approximately $300,000. On Friday, May 15, 2009, the jury unanimously decided that the patent asserted against the defendant was valid and infringed and awarded damages of $6.6 million before pre-judgment interest.
See the full press release here.
Full post as published by Philip Brooks’ Patent Infringement Updates on May 27, 2009 (boomark / email).
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