PA Advisors Drops Patent Suit Against Facebook

Law360, New York (September 5, 2008, 12:00 AM EDT) -- PA Advisors LLC has agreed to drop a patent suit against social networking site Facebook Inc. without any settlement payment or other agreement.

In July, Facebook told Judge David Folsom, of the U.S. District Court for the Eastern District of Texas, that it was near a settlement with PA. However, Facebook spokesman Barry Schnitt said Thursday that PA had decided not to pursue its claims following talks with Facebook.

“We are pleased that PA Advisors has dismissed its patent case against Facebook,” Schnitt said. “After meeting...
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