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What would the damages have been had you lost? I'm being called by a persistent "insurance" salesman that I'd love to take to the cleaners
by ntoskrnl 4y ago
What would the damages have been had you lost? I'm being called by a persistent "insurance" salesman that I'd love to take to the cleaners
- crhulls 4y agoI think it is one of those things that would theoretically have been billions of dollars (hundreds of millions of invites have gone out and the statutory damages were on a per infraction basis), but practically speaking something very similar to a patent troll, so maybe in the $5-10m range? I'm just guessing. We are a later stage company.
- ntoskrnl 4y agoI didn't know the damages were statutory - I guess I should look that up myself. In your case, was it a class action suit? If not, I wonder how they had standing to sue on behalf of thousands/millions of other users.