Strikingly, we find evidence that litigation by frequent patent litigators, a proxy for litigation by patent assertion entities, is directly associated with decreased VC investment, with no positive effects initially.
He won compensation for thousands, but he has also been criticized for his conduct of that litigation.
All those shareholder suits are costing a ton of money and the shareholders, in a sad irony, are footing the bill for the litigation that supposedly benefits them.
In a comment provided to Recode, Skyhook said that, "As for the litigation, we don't expect any impact".
However, I would make it clear that the $75,000 discount is to account for the litigation costs and that the settlement offer will go up by a similar amount.
Though the survey's sample size is fairly small, the numbers for in-court costs of fighting are similar to the findings of the American Intellectual Property Law Association Report of the Economic Survey for 2011, which found that for litigations with less than $1 million in controversy, the average costs through the end of discovery are $490,000, and the average costs through trial are $916,000.
What I know for certain is that corporate litigation is one part of the economy where inflation is rampant.
A spokesman for PricewaterhouseCoopers said that the litigation in Arkansas "had absolutely no bearing" on the firm's financial reporting.
Jim Gorman, a spokesman for Prudential, confirmed that the litigation was aimed solely at "trying to foreclose on the assets that secure a defaulted loan to TVT Catalog Enterprises".
