Jury Says Sears, Overstock.com Owe $15M In Tech Patent Row

Law360, Los Angeles (January 16, 2015, 11:06 PM EST) -- A Texas federal jury on Friday decided that Sears Holding Corp. and Overstock.com Inc. owe $15 million to Droplets Inc., in the first trial over a series of suits accusing high-profile online retailers and others of incorporating patent-infringing technology into their websites.

After deliberating for roughly three hours, the jury said Droplets had sufficiently shown that the defendants infringed one claim in U.S. Patent No. 6,687,745; two claims in U.S. Patent No. 7,502,838; and three claims in U.S. Patent No. 8,402,115. The patents cover technology allowing...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.