Intellectual Property
Sep. 18, 2014
Federal Circuit rejects $368 million verdict against Apple
A federal appeals court has rejected a $368 million jury verdict won by a Nevada-based patent holding company against Apple Inc. and sent the case back to a district court in Texas.
Daily Journal Staff Writer
In a significant victory for Apple Inc., a federal appeals court has rejected a $368 million jury verdict won by a Nevada-based patent holding company and sent the case back to a district court in Texas.
The plaintiff, VirnetX Holding Corp., had won the eye-catching award after successfully asserting four patents against Apple in 2012. But the U.S. Court of Appeals for the Federal Circuit wiped out the ...
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