Patent trollin;: VirnetX says Apple now owes ‘em $579 million (with more to come) : Apple World Today

Well, of course they did: VirnetX has submitted an Agreed Bill of Costs and Prejudgement Interest in the amount of US$75,701,763.18 in connection with the previously announced $502,848,847 jury verdict (reported on Jan. 15) against Apple.

With the addition of these costs and prejudgement interest, the final judgment in VirnetX’s favor for Apple infringing devices sold in the U.S. now totals $578,550,610. Post-trial interest, supplemental damages and the total amount of the $0.84 ongoing royalty per infringing Apple device haven’t been determined.

This is part of a legal battle that’s been raging for six years. In January 2014, VirnetX, considered by many (including me) to be a “patent troll,”  filed a motion with the U.S. District Court for the Eastern District of Texas seeking to supplement its infringement contentions against Apple, the defendant in a patent infringement lawsuit. The tech giant is accused of violating four patents. In April 2018, a jury found that Apple infringed all four and ordered the company to pay more than $500 million in damages, which was later raised to $600 million with fees and interest. But the damages award was thrown out by the Federal Circuit, which ruled in November that Apple had only infringed two of the four patents.

By the way, a patent troll is an individual or an organization that purchases and holds patents for unscrupulous purposes such as stifling competition or launching patent infringement suits. In legal terms, a patent troll is a type of non-practicing entity: someone who holds a patent but is not involved in the design or manufacture of any product or process associated with that patent.