WACO,
Texas, June 6, 2024 /PRNewswire/
-- Attorneys from the Dallas-based intellectual property and
business litigation firm Caldwell Cassady & Curry have won
a $10.3 million patent infringement
verdict for SVV Technology Innovations Inc. based on a jury's
infringement finding against Acer Inc.
The seven-member jury delivered the verdict on June 6, 2024, after roughly three hours of
deliberations in the U.S. District Court for the Western District
of Texas's Waco Division.
The total award of $10,306,900
represents a royalty covering Acer's infringement of SVV's U.S.
Patents 10,838,135, 8,740,397, 10,797,191, and 10,868,205 as to the
specific products accused in the case. The case is SVV
Technology Innovations, Inc. v. Acer Inc., No. 6:22-CV-640.
"We are incredibly grateful for the jury's service and
recognition of the importance of SVV's technology," says Caldwell
Cassady & Curry principal Warren
McCarty, who served as the company's lead trial counsel.
The jury found Acer liable for infringing patents invented by
Dr. Sergiy Vasylyev. Jurors heard
Dr. Vasylyev describe how he founded SVV and grew it into a leader
in optics and lighting. SVV also does business as Lucent
Optics.
Robert Katz of the Katz Law Firm
in Dallas served as co-counsel. In
addition to Mr. McCarty, the Caldwell Cassady & Curry trial
team that successfully represented SVV included fellow principals
Daniel Pearson and Seth Reich, counsel Aisha Mahmood Haley, and associate Bjorn Blomquist.
Caldwell Cassady & Curry represents companies and
individuals in high-stakes civil litigation, including patent
infringement cases, trade secrets claims, fiduciary duty cases,
class actions, and disputes involving company founders. The firm
has tried and won some of the nation's top verdicts against the
largest companies in the world. Learn more about the firm
at www.caldwellcc.com.
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SOURCE Caldwell Cassady & Curry