Worlds, Inc. Files Challenge to Activision Blizzards Claims of Indefiniteness
Worlds, Inc.(NASDAQ: WDDD) late today in Federal District Court filed a challenge to Activision Blizzards(NASDAQ: ATVI) claim that certain terms of Worlds, Inc. patents, covering 3-D game play, were indefinite. This latest salvo is in response to Activision Blizzard's attempt to deconstruct Worlds patents, by challenging certain words under USPTO guidelines that would invalidate the patents. This patent infringement case has remained absent from a public disclosure standpoint but could be problematic for the defendant, based on future outcome. Activision Blizzard has failed to specifically notate this litigation in any of its public SEC filings, since Worlds, Inc. filed the patent infringement lawsuit in 2012. However during the televised recording of Oral Arguments held October 17, 2013 lead attorney for the defendant, Activision Blizzard's Jesse Jenner, stated (at 53.39) that Activision is at risk of losing billions of dollars of revenue concerning this case. Should Worlds, Inc. prevail with any material settlement or jury verdict, the non-disclosure of this event could prove troublesome to Activision Blizzard. The Markman Hearing (Case 1:12-cv-10576-DJC) is scheduled to be heard on October 3, 2014.
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