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07-30-2004, 07:31 PM
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Confirmed User
Join Date: Jul 2001
Posts: 7,020
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Acacia article - mentions adult
But Acacia's also faced setbacks. A judge last month ruled he needed to hear expert testimony to verify some of Acacia's patent claims in a case involving sending video over the Net. That ruling sent the stock into a tailspin, falling nearly 40% in one day.
And Acacia's critics, who feel the patents are too basic to be valid, are rallying against the company. They say Acacia is just trying to shake down other businesses. --- Acacia began its legal hunt against alleged patent violators last year. It filed suit against 39 online adult companies. Soon after, 30 settled and agreed to take licenses. Since then Acacia added eight more companies to the suit. But Acacia hit a stumbling block with last month's ruling. The judge demanded to hear expert testimony to verify Acacia's patent infringement claims. That means the company won't get a free pass in making its case. http://biz.yahoo.com/ibd/040730/tech01_1.html
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