FX.co ★ ParkerVision Challenges Federal Circuit's Practice Of Summarily Affirming Patent Invalidations

ParkerVision, Inc. (PRKR) announced on Friday that it has filed a petition contesting the Federal Circuit's approach of issuing summary affirmations for administrative patent invalidations without providing detailed opinions. This action arises from ParkerVision's patent dispute with TCL Industries Holdings Co., Ltd. and LG Electronics Inc. where the Patent Trial and Appeal Board invalidated significant claims within ParkerVision's patents. Subsequently, the federal court delivered a one-word 'affirmed' ruling, lacking any explanatory context. Through this petition, ParkerVision, a wireless solutions provider, seeks a comprehensive explanation of the court's rationale to promote accountability, transparency, and precision in the legal process. As of now, ParkerVision's shares are trading at $0.92 on the OTC Markets, reflecting a 6.12 percent decline.