New
York State’s Attorney General Eric Schneiderman has reached a civil settlement
with a Delaware firm that used deceptive practices to get businesses to pay
more money for patent licenses. The settlement requires the company to, before
filing any patent infringement lawsuits, reveal the true identity of the
targets of the suit, describe with "reasonable specificity" its claims, and
have a good faith basis for claiming infringements. The settlement
provides guidelines to assure that patent trolls do not use improper tactics
going forward in New York.
Click here to learn more.