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VirnetX Wins Again Over Apple with $302M Texas Patent Infringement Verdict

October 3, 2016 11:43 AM EDT

TYLER, Texas, Oct. 3, 2016 /PRNewswire/ -- Attorneys from Dallas' Caldwell Cassady & Curry have won another multimillion-dollar patent infringement award for Nevada-based VirnetX Holding Corp. (NYSE MKT: VHC) against technology giant Apple Inc. (NASDAQ: AAPL) based on an East Texas jury's finding that Apple owes more than $302 million in royalties for infringing internet security patents owned by VirnetX.

Jurors in the Tyler, Texas, courtroom of Judge Robert W. Schroeder III delivered the verdict in favor of VirnetX on Sept. 30 after... More