$26.5M
Intellectual Property Litigation
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Case Details
A Tarrant County jury returned a verdict for Fort Worth-based telecom company XIP LLC after finding that CommTech Sales LLC of Plano unlawfully used XIP’s trademarks and trade secrets.
Additional Notes
Award could reach as high as $31M for XIP, including $8M in punitive damages. Final judgment of $26.5 million included $2.01 million in lost royalties, $10.16 million in damages from unfair competition and infringing use of trade dress, $3.93 million in prejudgment interest, and $8.07 million in punitive damages. Mr. McGraw was assessed damages of $1.75 million in lost royalties and $568,000 in prejudgment interest.
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