CNF Technologies, Inc. v. Mobility Electronics, Inc. (D. Ariz.)
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Bob Klinger, Larkin Hoffman attorney, defended Mobility Electronics in CNF Technologies, Inc. v. Mobility Electronics, Inc. (D. Ariz.) patent infringement lawsuit brought six days before Mobility Electronic’s IPO. The patents pertained to docking stations for portable computers. Prepared an opinion substantiating that the action was without merit, and successfully convinced the underwriters’ counsel such that the IPO went forward without amending the registration statement. The end result was that the client was able to raise $48M. Subsequently, negotiated the purchase of the patent-in-suit, prior to the plaintiff filing for bankruptcy and dismissing the lawsuit. Thereafter, prosecuted and obtained a broadened Reissue patent with improved claims, which became part of a patent portfolio that divested for $15M. |