Virnetx Holding Corp (AMEX:VHC)
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1 Year : From Oct 2017 to Oct 2018
TYLER, Texas, April 16, 2018 /PRNewswire/ -- A jury has awarded internet security software company VirnetX (NYSE AMERICAN: VHC) $502.6 million, finding Apple Inc. (NASDAQ: AAPL) willfully infringed on four patents used for VPN on Demand and Facetime in Apple products.
The finding that Apple willfully infringed on four VirnetX communications patents could lead to higher damages. The liability and damages verdict was returned on April 10 at the end of a seven-day trial, and the willful infringement finding was returned the following day. It is the third jury verdict in the past two years that lawyers with East Texas-based firm Ward, Smith & Hill, PLLC, have secured for VirnetX in its long-running legal battle with Apple.
Judge Robert W. Schroeder III heard the case in the U.S. District Court for the Eastern District of Texas, Tyler Division. The dispute involved U.S. Patent Nos. 6,502,135; 7,490,151; 7,418,504; and 7,921,211.
VirnetX was represented at trial by Ward, Smith & Hill name partner Johnny Ward and Caldwell Cassady & Curry attorneys Brad Caldwell, Jason Cassady, Austin Curry and Chris Stewart.
In September 2016, Mr. Ward played a key role in securing a $302 million patent infringement verdict for VirnetX. Seven months prior to that verdict, Mr. Ward and attorney Claire Abernathy Henry assisted with a $625.6 million patent verdict win against Apple.
To learn more about Ward, Smith & Hill's patent litigation practice, visit: http://wsfirm.com/practice-areas/patent-litigation/.
The case is VirnetX Inc. et al v. Apple Inc., case 6:12-cv-00855, in the U.S. District Court for the Eastern District of Texas.
Longview, Texas-based Ward, Smith & Hill, PLLC, has tried more than 350 cases to verdict, earning a national reputation in high-stakes claims involving complex commercial litigation, intellectual property law, oil and gas matters, bad faith insurance claims, and serious personal injury claims. The firm frequently assists lawyers nationwide in complex cases before Texas juries. To learn more about the firm, visit http://www.wsfirm.com.
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SOURCE Ward, Smith & Hill, PLLC