ParkerVision Reaches Full Contingent Funding Arrangement For Patent Infringement

(RTTNews) - ParkerVision Inc. (PRKR) announced that it has modified its retention agreement with litigation firm McKool Smith for its patent infringement litigation currently underway in the middle district of Florida (ParkerVision Inc V. Qualcomm Inc., et al., 6:14-cv-00687).

As per the terms of the amended retention agreement, McKool Smith will handle the ongoing litigation on a full contingent basis. Previously, McKool Smith was retained on a partial contingent basis whereby ParkerVision funded a portion of legal fees and all expenses.

ParkerVision commenced this action against Qualcomm, HTC and Samsung in 2014, alleging the infringement of eleven ParkerVision patents related to RF down-conversion and up-conversion technologies, systems for control of multi-mode, multi-band communications, baseband innovations including control and system calibration, and wireless protocol conversion. The case schedule has a technology tutorial set for June 29, 2015, a Markman hearing on August 12, 2015 and a trial scheduled to begin on August 1, 2016.