Ford Motor Co. will have to pay $23 million to an Illinois man who said the company used his patented invention for a lighting system used in mirrors located outside vehicles. The verdict, reached last month in a Chicago federal court, came in a ten-year-old patent suit against Ford by Jacob Krippelz. He was chief executive officer of Jake’s Inc., a small machining and heavy-equipment component company based in Aurora, Illinois. The jury rejected arguments by Ford that the patent was invalid because it didn’t cover a new invention. The patent at issue was issued in 1991.
Source: Bloomberg News
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