Las Vegas jury validated JCM Global’s claim of patent infringement by MEI’s CashFlow SC
Series
A Las Vegas jury has
validated JCM Global’s claim of patent infringement by MEI’s CashFlow SC
Series.
The
subject of JCM’s infringement claim surrounded JCM’s innovative, removable
stacker mechanism, detailed in U.S. Patent #5,372,361, and the jury found MEI
infringed in four separate claims. Additionally, the jury awarded JCM in excess
of $11.4 million in damages. As a result of the decision, JCM anticipates the
court will impose an injunction against sales of MEI products that deploy the
design found to infringe in the Nevada
litigation.
In
a separate case, the District Court in New Jersey has dismissed a suit filed by
Mars/MEI against JCM claiming patent infringement, due to the Court’s findings
that Mars, Inc. did not have standing to sue at the time of the filing of the
complaint. The District Court judge awarded JCM a portion of all legal fees and
expenses incurred in preparation of its defense.
“JCM’s best-in-class bill validator design and engineering efforts have been
vindicated. Our patented, innovative design that gives service technicians
quick service access to critical components has been a tremendous benefit to
our customers, and we are thrilled that the jury has upheld our exclusivity for
this design,” said JCM Global President/CEO Akiyoshi Isoi. “We knew we were on
the right side of the law, our customers knew we were on the right side of the
law, and now our claims have been validated in two separate U.S. courts. We are
very pleased with these decisions.”
Jury awards JCM $11.4M in infringement case
January 6, 2009
No Comments