MacroSolve Sues JP Morgan Chase and LinkedIn
- June 21, 2012
MacroSolve [NPE] filed two separate suits against JP Morgan Chase and LinkedIn, alleging that the defendants’ mobile applications infringe a patent related to managing data collected from remote computing devices. MacroSolve has filed over 20 prior suits since March 2011 against over 40 defendants including AOL, AT&T, CitiGroup, Dell, Facebook, Groupon, Newegg, Priceline, Salesforce, Travelocity, Wal-Mart, and Yelp. In November 2010, MacroSolve reportedly raised $775,000 from current and other institutional investors to support its patent monetization efforts. J. David Payne is the named inventor on the patent-in-suit, which was assigned to MacroSolve in August 2003. 6/18, Eastern District of Texas, no judge yet assigned, 6:2012cv00384; 6:2012cv00385.