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Leader Technologies Chairman Michael McKibben on the company’s appeal in its patent infringement case against Facebook.
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This is called a truce in its patent fight with Yahoo! but that's not the end of the social media giants had troubles she -- he joins us more details this month.
See -- Facebook's -- -- has come at its fair share.
A criticism and lawsuits one of those lawsuits being claimed against FaceBook.
By this sounding accompanied a founder and the CEO of leader technologies.
Are joined now.
-- Michael McCabe in new joins us.
On from remote thank you for joining us -- -- today.
You're welcome.
Are racing in give -- a brief outline for our viewers might exactly what your claims against FaceBook are so they have a little bit of a back story.
We filed for patents at the end of 2002.
For technology which we received in 2006.
Which is basically what the market call social networking now.
We -- FaceBook for patent infringement and won a verdict.
FaceBook is guilty on eleven of eleven counts of infringing that patent.
Hands FaceBook one on a very minor.
Charge against us which -- appealing in the federal circuit right now.
And we're confident that once the judges actually pay attention to the misconduct that occurred at trial on that particular.
Allegation.
Will prevail -- A lot of this back story also starts in the dorm rooms of Harvard you say they sent to document to your son who was.
At school at Harvard at the same time as Mark Zuckerberg so we wanna bring that to our -- attention but Mike let me.
Bring -- you according says some of my sources S federal Circuit Court has denied your petition.
To rehear a case that case that once the city case you're mentioning.
How that happened this morning you say that you'll take this issue all the -- it is Supreme Court.
How you gonna get from where you are right now to perhaps -- Supreme Court in bridged the gap there.
Well that news you've just brought to me was unfamiliar to me.
Which is another interesting point of timing in that.
This interview was getting ready to occur.
We have noticed this kind of misconduct now ever since.
The trial.
And our attorneys are ready to take this to the Supreme Court because.
The matters of law involved here not only affect us but they affect every inventor.
Who's got a patent who's fighting against the -- -- -- to secure their property rights.
And there are about eighty plus cases patent infringement cases that are currently outstanding have been put against -- -- what happened -- still outstanding might.
What do you make of the criticism out there that exists I -- for you cannot and everyone else out that out there who's suing FaceBook that your.
Piggybacking on the six assets -- but they -- perhaps not creating your -- on success.
-- -- you choosing today to take a bite of their own success instead.
Well I can't speak for everybody else I can speak for us.
And for us we invented this technology starting in the late nineties.
And we have investors who have stood with us and who deserve their -- And we invented the technology.
That FaceBook has been judged to a French in -- and these issues that the federal circuit apparently.
Is not paying attention to of law.
Have everything to do with everyone's property rights not just hours because patents are property right and they're gonna take away our property right.
In this case.
What properties next.
-- the hot button issues -- Silicon Valley right now Mike very quickly again before I let you go what's the end game here at pay out.
A partnership somewhere in between.
Well in any patent infringement case you have settlement that.
Goes on and so you know we're open to whatever the appropriate.
Settlement is but again my investors deserve their -- And right now FaceBook this has stolen their technology.
And we're gonna keep fighting until we see justice.
RA Michael a kid in -- founder and chairman of leader technologies one of just the eighty plus patent infringement cases -- hadn't brought up against FaceBook.
Thank you very much for being on Fox Business today.
You're welcome.
