LaserDynamics Gets $9.3M In 2nd Round Of Patent Suit

Law360, New York (June 3, 2011, 9:09 PM EDT) -- Quanta Computer Inc. must pay LaserDynamics Inc. $9.3 million for infringing a disk recognition patent, after an initial $52 million award in the case was scrapped a year ago, according to a Friday judgment in Texas federal court.

In February, a jury found Quanta guilty of infringing U.S. Patent Number 5,587,981 and awarded LaserDynamics a reasonable royalty of $8.5 million in actual damages, and U.S. District Judge T. John Ward added an additional $811,000 in interest to the total in his final judgment.

The latest verdict...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.