Patent troll asks judge to turn off FaceTime and iMessages
Here is how we can start killing patent trolls vernetx stock is trading at 4.89 and has a total marketcap of $252M[0]. When the list a massive portfolio (e.g. a huge weapons cache which is then publicly purchaseable) all major companies and a fund set up by the ETF or a responsible steward, buy enough to control the company. This would technically fund a patent troll, however, you could limit the attack vector to a payout less than even a single win in court would be given the apple lawsuit was &gt;600M minus all the law fees.<p>There is conceiveably at least 1 other company with comprable shitty patents that is public, so a bidding war race to the bottom would incentize prices down instead of up if possible.<p>It could also be possible (in a much more gray possibly worse) way, actively drum up interest for a patent trolls IPO from the alliance funds, and then not invest in the fund, but release open source patents sourced from a different provier inavlidating there ability to sue in the market, with the alliance fund promising anyone using [ rediculously standard tech ] would have their full support in leveraging the open source patents and fighting legal fees associated with someone trying to invalidate the open source patents. this could disincentize bad behaviour.<p>It is pretty rediculous a company that is less than 2 years old can win a settlement for fucking twice it&#x27;s market cap. I don&#x27;;t think the market&#x2F;law could limit age&#x2F;market cap as startups would get killed if bigger people poach there stuff, but maybe some requirement to file suit of needing a working product or service using the technology and maybe some combo of years in the market &#x2F; market cap, plus (which I think is critical) the public company must be owned by some reasonably large but not insane number. e.g. if you quietly ipo your shell and then you and your horrible 10-20 stakeholders foot the legal bill, then you shouldn&#x27;t be allowed to sue, but if hundreds&#x2F;thousands ++ are buying it, then it is likely actually a real or semi legit company.<p>[0]<a href="https:&#x2F;&#x2F;www.google.com&#x2F;finance?cid=663422" rel="nofollow">https:&#x2F;&#x2F;www.google.com&#x2F;finance?cid=663422</a>