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● LIVE Updated 1h ago · 8 sources tracked

Burford Capital could gain up to $1.4bn from Apple patent defeat

A US jury has ordered Apple to pay $5.7 billion for infringing haptic technology patents in iPhones and Apple Watches. Burford Capital, which has a financial entitlement in the case, could gain up to $1.4 billion from the verdict. The verdict is one of the largest patent verdicts in US history. However, the amount is likely to be altered in post-trial and/or appellate proceedings.

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  • ✓ Apple faces a $5.7 billion patent infringement verdict over iPhone and Apple Watch haptics.
  • ✓ Burford Capital could gain up to $1.4 billion from Apple patent defeat.
  • ✓ The verdict represents one of the largest patent verdicts in U.S. history.
🛡️ Source Corroboration: 8 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Burford Capital disclosed its potential entitlement of up to $1.4 billion following the jury verdict.

Live updates

  1. Apple ordered to pay $5.7bn in haptic tech patent case

    A US jury has ordered Apple to pay $5.7 billion for infringing haptic technology patents in iPhones and Apple Watches. Burford Capital, which has a financial entitlement in the case, could gain up to $1.4 billion from the verdict. The verdict is one of the largest patent verdicts in US history. However, the amount is likely to be altered in post-trial and/or appellate proceedings.

    Why it matters

    The case involves a patent infringement dispute between Apple and Taction Technology, Inc. The jury verdict awarded $5.7 billion in damages to the plaintiff. Burford Capital's potential gain is due to its financial interest in the case.

    What is confirmed

    • Apple faces a $5.7 billion patent infringement verdict over iPhone and Apple Watch haptics.
    • Burford Capital could gain up to $1.4 billion from Apple patent defeat.
    • The verdict represents one of the largest patent verdicts in U.S. history.

    What to watch next

    • Post-trial proceedings and appellate scrutiny of the verdict
    • Apple's response to the verdict
    • Any potential changes to the verdict amount
    Sources used for this update (8)
    1. CNBC — Apple faces $5.7 billion patent infringement verdict over iPhone and Apple Watch haptics
    2. Reuters — US jury says Apple owes record $5.7 billion in haptic technology patent case
    3. Financial Times — Burford Capital to gain up to $1.4bn from Apple patent defeat
    4. CNET — Apple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watch
    5. bbc.com — Apple ordered to pay $5.7bn in haptic tech patent case
    6. investors.burfordcapital.com — Burford Capital Limited - Statement Regarding Jury Verdict in ...
    7. finance.yahoo.com — Burford Capital Sees $1.4 Billion Potential Entitlement From ...
    8. www.panabee.com — Burford Capital Estimates $1.4 Billion Potential Entitlement ...
    confidence 90%
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