Invotex Damages Expert Testifies in Internet Advertising Patent Infringement Trial...

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Tue May 19, 2009 3:13pm EDT

Invotex Damages Expert Testifies in Internet Advertising Patent Infringement
Trial against Yahoo; Jury Awards $6.6 Million in Damages

BALTIMORE, May 19 /PRNewswire/ -- In the internet advertising patent
infringement suit brought against Yahoo, Inc. by Acacia Research Corporation's
subsidiary, Creative Internet Advertising Corp., Invotex(R) Group damages
expert Michele M. Riley, CPA, testified on behalf of plaintiff Creative that
the amount of total damages adequate to compensate for the claimed
infringement was approximately $6.6 million. A damage expert from FTI
Consulting, Inc. testified on behalf of the defendants that the total amount
of damages adequate to compensate for infringement was approximately $300,000.
On Friday, May 15, 2009, the jury unanimously decided that the patent asserted
against the defendant was valid and infringed and awarded damages of $6.6
million before pre-judgment interest.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090519/PH19703 )

The case, Creative Internet Advertising Corporation v. Yahoo, Inc., et al.,
was filed in the U. S. District Court for the Eastern District of Texas, Tyler
Division.

About Invotex Group - Invotex Group (www.invotex.com) provides accounting,
financial and economic consulting services to clients including Fortune Global
500 corporations, major law firms, leading research universities and local,
state, and federal governments and agencies around the country. The firm's
highly credentialed experts and professional staff conduct economic and
financial analyses to provide objective opinions and advice in matters
involving complex transactions, disputes, investigations, reorganizations,
insurance and valuations. Invotex also offers advisory services for
intellectual property owners, including licensing, technology evaluation and
license compliance, asset management and enforcement of IP rights. The firm
comprises experienced industry leaders, former public company financial
executives, former international accounting and consulting firm ("Big 4")
partners and seasoned consultants.

Contact: Michele Riley, Managing Director, 410-824-0164, mriley@invotex.com
 
Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Michele Riley
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=88651

SOURCE  Invotex Group

Michele Riley, Managing Director of Invotex Group, +1-410-824-0164,
mriley@invotex.com
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