Blockchain Firm Accuses Co-founder Over Transfer of Expired Patents

shot by IP News Shots / 10:54 am on 12 October, 2020

A lawsuit has been filed with the US District Court for the Central District of California by Rocketfuel Blockchain against its co-founder. The plaintiff alleges misrepresentation of patent application by the co-founder and defrauding the company. Damages of at least $5.1 million are sought by Rocketfuel from the defendant. The company states that the patents in question had been transferred to the company by the co-founder.

Read More at: https://cointelegraph.com/news/payments-firm-rocketfuel-blockchain-sues-co-founder-over-expired-patents

Industry: Blockchain | Type of IP: Litigations