$59 Million Patent Verdict for Pioneer Corp.
Patent Infringement Verdict Handed Down
MARSHALL, Texas – McKool Smith is announcing a $59 million patent infringement verdict handed down late yesterday in favor of Tokyo-based electronics manufacturer Pioneer Corp. following a jury finding of willful infringement against South Korea’s Samsung SDI Co. Ltd. and Samsung Electronics Co. Ltd., and Ridgefield Park, N.J.-based Samsung Electronics America Inc.
The verdict followed an eight-day trial before the Hon. David J. Folsom in the U.S. District Court for the Eastern District of Texas in Marshall. The complete verdict amount, including awards for lost profits and royalties, totaled $59,351,480.
Pioneer was represented by a team of attorneys from McKool Smith and Morrison & Foerster, LLP. The McKool Smith attorneys included firm principals Sam Baxter and Rosemary Snider.
“We are very pleased with the jury’s finding,” says Mr. Baxter of McKool Smith. “This was a complicated case and we were fortunate to have jurors that closely examined the facts before reaching their verdict.”
In the lawsuit, Pioneer Corp. v. Samsung SDI Co. Ltd., et al., 2:06-cv-00384, attorneys for Pioneer alleged that Samsung willfully infringed two Pioneer patents covering plasma display technology, U.S. Patent Numbers 5,182,489 and 5,640,068.
In the verdict, the jury ruled in favor of Pioneer on every count, affirming the company’s allegations of willful infringement against Samsung.
McKool Smith has more than 95 attorneys in Dallas, Austin, Marshall, New York and Washington, D.C., handling commercial and intellectual property litigation for national and international clients. The firm is recognized as one of the premier litigation law firms in the United States, having earned significant courtroom victories for clients such as American Airlines, BearingPoint, Ericsson, Electronic Data Systems, Medtronic Inc., and Sony Ericsson.