False Marking Suits More Bark Than Bite, Stats Show

Law360, New York (February 11, 2011, 4:23 PM EST) -- Fears that the wave of false patent marking suits will result in significant liability for defendants may be overblown, intellectual property attorneys say, with government statistics showing that the total dollar value of settlements reached so far is a modest $7 million.

More than 100 false patent marking suits have been settled to date, at an average of about $60,000 each, a figure that attorneys say is smaller than they expected and provides useful guidance for defendants involved in settlement negotiations.

Richard Assmus, a partner at...
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