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AnonTechie [soylentnews.org] writes:

For world's biggest troll, first patent case ends up in tatters:

Intellectual Ventures (IV) is the world's biggest patent-licensing company and boasts of having collected tens of thousands of patents since it was founded in 2000. It's raised about $6 billion from investors over the years, and to recoup that money, it started filing lawsuits over patents a few years ago. In 2013, it launched a new salvo, filing 13 lawsuits against major US banks, including Bank of America, JP Morgan Chase, and Capital One.

The Capital One case ended last Wednesday, when a Virginia federal judge threw out the two IV patents that remained in the case. It's the first IV patent case seen through to a judgment, and it ended in a total loss for the patent-holding giant: both patents were invalidated, one on multiple grounds. (An IV case against Motorola went to a jury, but it ended in a mistrial, and no new trial has been scheduled.)

http://arstechnica.com/tech-policy/2014/04/for-wor lds-biggest-troll-first-patent-case-ends-up-in-tat ters/ [arstechnica.com]

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