Balough
October 7, 2016
(October 7, 2016) In its report of a new study on patent assertion entities (PAEs), the Federal Trade Commission (FTC) carefully avoids the term patent troll while finding that “Litigation” PAEs account for 96 percent of patent infringement lawsuits but generate only about 20 percent of patent license revenues of those PAEs studied. The report, […]
Balough
November 6, 2014
A patent troll company, its sole owner, and its law firm agreed that they engaged in deceptive practices according to a settlement with the Federal Trade Commission (FTC) after they sent out to thousands of small businesses threatening letters, some with draft complaints attached, with no intent to file any patent infringement lawsuits. The complaint […]
Balough
August 28, 2014
Patent trolls will need to provide basic information to Illinois businesses concerning the patent in question and how the patent is being infringed beginning in January 2015 as the result of new legislation signed into law. The amendment to the Illinois Consumer Fraud and Deceptive Business Practices Act (Act) is designed to target patent trolls, which […]
