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New From Lexmark: Litigator Pro High-Yield Lawsuit Printer

Published on August 23, 2010
by John Paczkowski

The printers in Lexmark’s legal department are likely running short on ink today. The company fired off a barrage of patent infringement suits against 24 companies that make, import and sell replacement cartridges for its printers.

Filed with the U.S. International Trade Commission, the complaints allege infringement of 15 Lexmark patents and seek a ban on the products using them as well as monetary damages. For Lexmark (LXK), whose revenue and earnings sustainability seems suspect as demand for printing decreases, this could be a step toward intellectual property licensing.

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