Celerity IP, LLC (as “exclusive licensing agent”), a subsidiary of litigation finance firm GLS Capital, and Innovative Sonic Limited (as “assignee of the Asserted Patents”) have together filed suit against LG Electronics (LGE) (2:23-cv-00316) in the Eastern District of Texas. The coplaintiffs describe the five asserted wireless communications patents as generally related to “various functional operations of 4G-compliant devices that allow the devices to operate within a 4G network and allows users to communicate over 4G network”. LGE is targeted over the provision of certain devices compliant with the 4G/LTE standard.