NPE Sues Six Mobile Apps Providers

September 21, 2011

MacroSolve [NPE] filed suit against AT&T, Citigroup, Dell, Groupon, LivingSocial, and 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.

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