Lexmark and Ortiz Associates are Working On New Settlement Agreement.

[jim]

Lexmark and Ortiz Associates are Working On New Settlement Agreement.
Lexmark and Ortiz & Associates Consulting, LLC, a patent-licensing company, have been engaged in a patent-infringement lawsuit since 2022. Lexmark has been defending itself vigorously against Ortiz’s claims, which involve several patents related to printer technology.

However, in a surprising turn of events, the two parties have recently requested to stay all deadlines in the case, indicating that they are working on a settlement agreement. The details of the potential settlement are not yet disclosed, but it could end the long-running dispute between Lexmark and Ortiz. Ortiz has also filed similar lawsuits against other printer makers, such as HP, Canon, and Ricoh, which are still pending in various courts.

[Author]

January 14, 2024 at 2:43 PM