CVI Countersues Acacia - Seeks Class Action
 

Just saw this on www.allofem.com:

Cybernet Ventures, parent company of Adult Check, has filed a countersuit and class action suit against Acacia. The suit in part responds to Acacia's claim by detailing instance by instance that they "deny each and every allegation contained in the Complaint". In the counterclaim Cybernet "seeks a declaratory judgement of invalidity, noninfringement and unenforaciblity" on Acacia's streaming media patents. The full text of the document is supplied by All Of 'Em and can be read here in Adobe Acrobat format: http://www.allofem.com/CybernetAcacia1.pdf

pdf wont open!
but this has to be good news...bumP

Acacia is going to end up in the shitter by the time its all over.

They messed with the wrong people when they figured adult would be a bunch of lay downs.

go ac!:thumbsup

Good!!!! :BangBang: Acacia

I hope its True, GO A/C :thumbsup

who is acacia

HAHAHHA j/K!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!111

I hope the knock them on their ass for good!

YUP !!:thumbsup

Fucking A . . go AC tear those fucks a new asshole! :BangBang:

mega ...
Way to go AdultCheck.com...
going to have to read up on this.

Acacia within 6 months bankruptcy

we could only hope, but don't forget they have lasted on the whole V-chip deal.. that's been going on about 10 years hasn't it?

Good to know someone is trying :thumbsup

:winkwink:

Good news. Will have to watch and see how this develops.

Here's the link from a post earlier today.

http://www.allofem.com/CybernetAcacia1.pdf

I believe the "class action" part just pertains the group of defendants sharing the same liabilities. Cybernet does demand a jury trial, denies all liability for infringments and sets forth 15 affirmative defenses. The counterclaims are pretty much pro-forma. You have to assert any counterclaims in your Answer, or else waive them. These can be amended later. Basically, Cybernet is asking for equitable relief from further harrassment, attorneys fees, and any other equitable remedies deemed fit by a judge or jury. However, attorney's fees and costs could run quite high in a case like this

Way to go CVI

Like any lawsuit this will take time as well, but more shit that gets thrown against a wall the better , some of it will stick :2 cents:

And cost'em lawyer are not cheap.

true

:thumbsup

Did anyone read the PDF?

the Fifth Affirmative Defense says that Acacia had their claims of one of their main patents (the '902 one) checked by a research company. The company made a report that basically said that the patent is _NOT_ novel. They had 28 references to stuff that talked about the same ideas. Most of them dated BEFORE the date on the 902 patent! They did not include that report when submitting it to the PTO...

very interesting.. (hope I didn't misunderstand)

Actually, there were quite a few laydowns already....

You're forgetting how many adult companies have laid down.

Nice one :thumbsup

Awesome!

Go AC!

Here's an XBiz article with some analysis:
http://xbiz.com/articles/index.php?article_idp=1115

Did you see where Acacia was doing a $50m shelf offering to raise cash. What happened to the $40m+ cash on hand they had last quarter? Can't wait to see the quarterly report.

V

who is working at xbiz on these articles ? They're on top of things quick and doing a nice job of covering issues.
:thumbsup

Adult Check http://www.gofuckyourself.com/images.../xyxthumbs.gif

Acacia stock is dropping today and earnings come out tomorrow.