Notorious ‘Patent Troll’ MPHJ Will Ease Tactics: FTC
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The company that became the poster child for so-called patent trolls and prompted calls for legislation to curb the practice reached an agreement with federal regulators to stop making phony legal threats against small businesses.
Under an agreement with the U.S. Federal Trade Commission announced today, MPHJ Technology Investments LLC will stop making deceptive claims. MPHJ, its sole owner Jay Mac Rust of Waco, Texas, and its law firm Farney Daniels had sent letters to thousands of small companies warning they face lawsuits unless they pay to license MPHJ patents, according to the FTC.