Engine Media Holdings Patent Portfolio Ownership Clouded by Suit Against Tom Rogers, Chairman of Engine and Former Chairman of WinView, Inc. over Breach of Fiduciary Duty
Retrieved on:
Tuesday, July 13, 2021
Following the merger, in contrast to written representations, financial statements disclosed that all Engine's subsidiaries continue to suffer declining revenues and mounting losses.
Key Points:
- Following the merger, in contrast to written representations, financial statements disclosed that all Engine's subsidiaries continue to suffer declining revenues and mounting losses.
- WinView's assets are a transferable portfolio of 80 patents that relate to mobile sports betting and online gambling.
- Two such patents are currently at the center of a patent infringement case against DraftKings in the United State District Court of New Jersey.
- The Plaintiff stockholders are represented by the law firm of Diamond McCarthy , LLP and Whiteford, Taylor & Preston LLP.