litigation
confidence high
sentiment negative
materiality 0.85
NortonLifeLock hit with $185M jury verdict for patent infringement; will appeal, cease using technology
Gen Digital Inc.
- Federal jury awarded Columbia University $185M in damages for willful infringement of two patents (U.S. 8,601,322 and 8,074,115).
- Patents cover SONAR/BASH behavioral protection tech used in Norton Security and Symantec Endpoint Protection products.
- NortonLifeLock will cease use of the infringing technology and intends to appeal the verdict.
- Damages may be enhanced by court; formal judgment not yet entered.
- Jury also found no fraudulent concealment on a third patent but deemed two Columbia professors co-inventors (no damages awarded).