Reuters carried the news of General Patent Corporation's settlement with Weichert Lead Network. GPC settled with Weichert on behalf of Data Distribution Technologies, a GPC subsidiary. ("General Patent Corporation Settles Patent Infringement Lawsuit with Weichert" Reuters.com - July 3, 2013)
Excerpt: General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its subsidiary, Data Distribution Technologies LLC (DDT), that it settled a patent infringement lawsuit against Weichert Lead Network, Inc. (WLN). As part of the settlement, WLN took a license on the DDT patent, the terms and conditions of which are confidential.
"We are pleased to have reached an amicable resolution of this case," said Anthony Amaral, Chief IP Counsel of General Patent Corporation.
This settlement resolves Data Distribution Technologies LLC v. Weichert Lead Network, Inc. (2:12-cv-04149), filed in U.S. District Court for the District of New Jersey on July 6, 2012. The patent-in-suit is U.S. Patent No. 6,529,908 titled “Web-Updated Database with Record Distribution by Email.”