Itron Settles Suit Over Meter Reading Devices
The settlement resolves all outstanding Benghiat patent litigation issues and assigns ownership of Mr. Benghiat's patent to Itron, the company said.
On December 20, 2002, a jury in Minneapolis found that Itron's manual entry handheld meter reading devices infringed a patent owned by Mr. Benghiat and awarded Mr. Benghiat damages of $7.4 million. On August...
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