Los Angeles Business Litigation Attorney | Jury Orders Cisco to Pay $70 Million in Patent Case
A verdict from a federal jury that found networking equipment corporation Cisco Systems, Inc. fraudulently obtained technology developed by patent licenser XpertUniverse Inc.’s and violated two of the New York-based company’s patents. The jury ordered Cisco to pay $70 million in civil fraud damages and an additional $34,000 in damages for the patent infringement claims.