TQP Wins Judgment Against Newegg

December 1, 2013

11/30/2013 - A Texas jury awarded TQP Development a $2.3 million judgment -- TQP, widely regarded as a nonpracticing entity, won the judgment against Newegg for Newegg's infringement of a public key encryption patent that TQP acquired in 2006. The Texas jury rejected the argument that a claim from the public key encryption patent was invalid despite testimony from Whitfield Diffie, one of the original inventors of public key encryption.

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