Newegg Hit With $2.3M Jury Verdict In TQP Patent Case

Law360, New York (November 26, 2013, 5:25 PM EST) -- A Texas jury ruled Monday that online computer retailer Newegg Inc. infringed TQP Development LLC's data encryption patent and ordered it to pay $2.3 million in damages, in a loss for a company known for its policy of never settling with plaintiffs it calls patent trolls.

Following a weeklong trial, the eight-member jury in the Eastern District of Texas handed down its verdict hours after closing arguments. It rejected Newegg's argument that prior art renders the patent invalid as anticipated and obvious, though it awarded TQP...
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