stock has seen little change on the news given that the $502.6 million award is minuscule compared to the company's profits. A federal jury in East Texas has found that Apple is guilty of infringing secure communications patents belonging to VirnetX Holding Corp., a notorious patent troll that has been battling Apple in court for almost eight years now. Since 2010 it has been involved in legal battles with Apple over its.
This seems like a massive victory for VirnetX, and indeed it would be if Apple is ultimately forced to pay even a portion of the damages awarded in the case. VirnetX claimed that features in Apple's FaceTime, VPN on Demand, and iMessage infringes upon these patents. VirnetX is based in Zephyr Cove, Nevada, and it filed its suit in patent troll-friendly East Texas, a district where patent holders have had a higher chance of success in intellectual property cases until the Supreme Court cracked down on the practice previous year. While there will nearly certainly be jubilation at the ruling, Apple has a history of appealing.
In 2017 however, Apple filed an appeal against the USA district court verdict, though it lost the case. It has been determined that 400 million Apple devices that infringe the troll's patents have been sold.
While VirnetX won, the Patent Trial and Appeal Board (PTAB) may end up having the final say in this outcome.
"The evidence was clear", Larsen said after the verdict was announced. That verdict was thrown out by the judge, who didn't approve of VirnetX lawyers' references to the 2012 trial.