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MPHJ reaches settlement with FTC

Michael Loney, New York

Patent troll MPHJ has settled Federal Trade Commission charges that it used deceptive sales claims and phony legal threats in letters accusing thousands of small businesses of patent infringement

The settlement bars MPHJ and its law firm Farney Daniels from making deceptive representations when asserting patent rights, with future deceptive letters triggering a punishment of $16,000 a letter.

This is the first time the FTC has taken action...

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