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Document Security Systems Files Patent Infringement Lawsuit against Intel and Others

Strategic Insights

— 2 min read

Document Security Systems Inc., a company specializing in fraud protection, announced that its subsidiary DSS Technology Management has filed a patent infringement lawsuit against a group of major technology and retail companies, including Intel Corp., Dell, GameStop, and AT&T. The lawsuit claims that these companies have infringed on two U.S. patents related to semiconductor manufacturing. As a result, shares of Document Security Systems surged 5% on Tuesday, while the defendant companies experienced fluctuations in their stock prices.

Key Takeaways:

  • Document Security Systems Inc.'s subsidiary DSS Technology Management filed a patent infringement lawsuit against Intel Corp., Dell, GameStop, Conn's Inc., NEC Corp. of America, Wal-Mart Stores, and AT&T Inc. in a U.S. District Court in Texas.
  • The lawsuit claims that the defendants have infringed on two U.S. patents, 5,965,924 and 6,784,551, which relate to semiconductor manufacturing.
  • The lawsuit was filed in response to the defendants allegedly infringing on DSS's patents, potentially leading to financial losses for the company.
  • Document Security Systems shares surged 5% on Tuesday, while the defendant companies experienced fluctuations in their stock prices.
  • Intel Corp. was off a penny at $34.35, GameStop was down 0.8% at $37.07, Conn's Inc. was flat at $24.69, Wal-Mart Stores edged down 0.6% to $85.33, and AT&T Inc. was off 0.5% at $34.49.
  • DSS's lawsuit represents a significant development in the company's efforts to protect its intellectual property and assert its patent rights.

Statistics:

  • Document Security Systems shares surged 5% on Tuesday to $0.45 per share.
  • Intel Corp.'s price was off by a penny at $34.35.
  • GameStop's price was down 0.8% at $37.07.
  • Conn's Inc.'s price was flat at $24.69.
  • Wal-Mart Stores' price edged down 0.6% to $85.33.
  • AT&T Inc.'s price was off 0.5% at $34.49.

Sources:

  • MidnightTrader via COMTEX (February 17, 2015)
  • Copyright (C) 2015 MidnightTrader.com. All rights reserved.
  • As of Friday, 02-13-2015 23:59, Comtex SmarTrend Alert indicated a DOWNTREND on 06-06-2012 for CONN @ $16.00.
  • As of Friday, 02-13-2015 23:59, Comtex SmarTrend Alert indicated a DOWNTREND on 04-02-2012 for GME @ $22.14.
  • As of Friday, 02-13-2015 23:59, Comtex SmarTrend Alert indicated a DOWNTREND on 05-08-2012 for INTC @ $27.31.
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