Apple Wipes Out $503 Million Verdict Over FaceTime Tech (1)

The Federal Circuit vacated a $503 million jury verdict that VirnetX Inc. secured against Apple Inc., ruling Friday that an earlier patent validity decision undermined the software company’s ability to hold the tech giant liable.

The overturning of the award was triggered by a Federal Circuit decision on Thursday in which the panel agreed with the Patent Trial and Appeal Board that a pair of VirnetX patents asserted against Apple were invalid.

“Now that we have affirmed the Board’s finding of unpatentability, VirnetX has lost its cause of action, and its dispute with Apple is moot,” Judge Leonard P. ...