NPE Sues Six Mobile Apps Providers
MacroSolve [NPE] filed suit against AT&T, Citigroup, Dell, Groupon, LivingSocial, and Salesforce.com over a patent related to mobile data application platforms. MacroSolve has filed three prior suits since March 2011 against over 25 defendants. MacroSolve trades in the OTC Markets (MCVE) with a reported market value of $19.3 million as of June 7, 2011. In November 2010, the company received $775,000 from current and other institutional investors to support its patent monetization efforts. 9/15, Eastern District of Texas, 6:2011cv00490.