The US Supreme Court won’t reverse several lower courts that ruled Traxcell Technologies LLC, a patent-owning firm tied to inventor Mark Jefferson Reed, owes $1.5 million in attorneys’ fees to
In February 2023, a judge in the US District Court for the Eastern District of Texas ordered Traxcell to pay Sprint $942,000 and Verizon $588,000 after determining that it had “urged and re-urged unsupported claims, objections, and arguments” during the course of its patent litigation campaign.
The telecom companies argued Traxcell pressed frivolous arguments in their case despite a ...
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