Cao Lighting has successfully won a patent infringement lawsuit against GE Lighting and Current Lighting. The lawsuit centered around the violation of U.S. Patent number 6,465,961, which is titled “Semiconductor Light Source Using a Heat Sink with a Plurality of Panels.”
The jury verdict stated that CAO Lighting, Inc. proved by a preponderance of the evidence that products sold, offered for sale, or imported into the United States by GE Lighting and Current Lighting, or its predecessor General Electric Company, infringed any Asserted Claim of the ‘961 patent.
During the trial, Norton Rose Fulbright and Brooks Kushman, the legal counsels representing GE Lighting and Current Lighting, introduced StoneTurn as an expert witness.
A jury trial awarded Cao $2M in damages in the patent litigation trial. We reached out to Current for a comment and they had none, which is not surprising. What is surprising is not only did their expert witness have a comment—they issued their own press release, which seems to claim credit for reducing the award from $50M to $2M.
Below is the Press Release issued by StoneTurn
| HOUSTON–(BUSINESS WIRE)– StoneTurn, a global advisory firm, recently assisted clients GE Lighting and Current Lighting, and their counsel Norton Rose Fulbright and Brooks Kushman, with damage control in a patent infringement trial. By determining an alternate amount of reasonable royalty damages, the StoneTurn team was able to reduce the award to the minimum royalty, $2 million, from the initial $50 million sought by Cao Lighting’s lawsuit.
StoneTurn Partner Ambreen Salters testified as an expert at trial. Salters was assisted by Partner Tiffany Lewis and Manager Lewis Wilson who together determined an alternative amount of reasonable royalty damages. This evaluation was based on reasonably comparable party licenses produced in the litigation which supported a reasonable royalty of no more than $2 million combined against both of StoneTurn’s clients. The case was heard before the newest federal district judge in the District of Delaware, Judge Gregory B. Williams. Read the verdict. |