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Patent Markings Lawsuits: $1 Trillion and Counting

bizwriter (1064470) writes | more than 4 years ago

Patents 1

bizwriter (1064470) writes "The latest legal bugaboo facing manufacturers is the false patent marking suit. Using what has been until recently an obscure type of legal action, individuals and enterprising law firms have targeted large manufacturers with lawsuits that can easily run million of dollars — in a case involving a drink cup manufacturer, over $10 trillion — for incorrectly including patent numbers on products.Some companies named in such suits are 3M, Cisco, Pfizer, Monster Cable, and Merck. Even expired patent numbers can cause a problem."
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Reasonable Fees (1)

Dthief (1700318) | more than 4 years ago | (#31325166)

As seems will be the case with the Tennenbaum vs RIAA case, these companies will probably be able to argue that the amounts are unreasonable and unconstitutional, so although these values seem ridiculous and inflated there are some nets in place to manage the claim amounts. And although this may require large legal fees, the companies that are shipping millions or billions of a product should be large enough to absorb this, or have legal teams on hand already.
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