Monetization firm IPValuation Partners LLC (d/b/a IPVal) has launched yet another litigation campaign over patents that one of its affiliates recently acquired from Intellectual Ventures LLC (IV). On June 6-7 of this year, a total of 16 US patent assets were assigned to Corrino Holdings LLC, which has now filed suit against Facebook (2:18-cv-08541), FourSquareLabs (2:18-cv-08544), Instagram (2:18-cv-08546), and Snap (2:18-cv-08548) over subsets of those assets. The asserted patents comprise three families, with infringement allegations focused on features of the defendants’ platforms that serve users information based on location, provide users metrics on site usage, and process user search requests. Corrino’s receipt of four other patent families suggests that more litigation from this IPVal affiliate may be coming.
Recently released USPTO records have revealed an assignment from Intellectual Ventures LLC (IV) to an affiliate of IP Valuation Partners LLC (d/b/a IPVal) of a portfolio including patents developed by Palo Alto Research Corporation (PARC, a subsidiary of Xerox). IV has assigned more than 90 US assets to IPVal to date, subsets of which are being litigated by various IPVal affiliates in multiple campaigns.