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PanOptis Secures $300M Verdict in Damages Redo
In Case You Missed It
Earlier this year, Eastern District of Texas Judge Rodney Gilstrap overturned a $506.2M damages award included with an August 2020 jury verdict against Apple in standard essential patent (SEP) litigation brought by several subsidiaries of PanOptis Holdings, LLC (collectively, “Optis” or “PanOptis”). A second jury has now answered the damages question—put to it this time as “What sum of money, if any, paid by Apple now in cash, has Optis proven by a preponderance of the evidence would compensate Optis as a FRAND royalty for the damages resulting from infringement between February 25, 2019 and August 3, 2020?”—with a new figure: $300M.
August 15, 2021
Under New Ownership, PanOptis Files Its First New Litigation in Years, Hitting Apple
New Patent Litigation
Weeks after the announcement of its acquisition by private equity firm Brevet Capital, PanOptis Holdings, LLC (through various litigating affiliates) has filed its first new infringement case in two years, suing Apple in the Eastern District of Texas over a group of patents declared essential to the LTE standard (2:19-cv-00066). Apple is accused of infringing the patents-in-suit—each of which originated with Ericsson, LG Electronics (LGE), Panasonic, or Samsung—through provision of “all [its] products capable of implementing the LTE standard”, including all “LTE-capable models” of Apple’s iPhone, iPad, Watch products. Three of the patents-in-suit have been previously asserted by PanOptis in a campaign that has also hit BlackBerry, Huawei, Kyocera, and ZTE.
March 2, 2019