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Re: nsomniyak post# 10233

Monday, 02/07/2022 12:26:53 PM

Monday, February 07, 2022 12:26:53 PM

Post# of 24337
UOIP is another large suit that comes to mind. It has not yet worked out well for the investors as it's a lawsuit between shareholders and the controlling interest party of the company, however the patent was a heated battle from basically 2016 through July 2021. After the markman hearing it went through the PTAB multiple rounds until it finally went to court and the 13 cable companies waited until the very last moment before decision to wrap it up and settle. When it gets to court and there is an impending decision coming down - that is when these large companies put an end to it if there is real risk as they do not want to leave their potential damages in the hands of a frisky judge and jury (also treble damages). Especially these large tech companies that are shown to look like criminals in the trial stealing from the small guy. Google will fight to the bitter end unless it sees potential in large savings at a certain period in time by negotiating and closing the lawsuit out.

Tech has become a much larger role in everyday life for our planet over the last 20-30 years. It will only continue to influence us more and more over the next 20-30 and these lawsuits will start popping up everywhere as the tech giants have gotten away with kicking the can down the road for far too long. Now that these large lawsuits are being settled out - the large tech will start to realize how important it is to face these issues early on and take care of them before the bill gets so large it costs executives their positions for inaction.
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