Apple has withdrawn from an antitrust suit against hedge fund and alleged ‘patent troll’ Fortress Investment, while Fortress-backed entities have also dropped patent infringement suits against the tech company.
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21 November 2019 Apple and Intel have accused a SoftBank Group-owned investment firm of violating antitrust law through the stockpiling of patents to use in litigation against technology companies.
8 January 2021 District judge Edward Chen has dismissed a complaint filed by Apple and Intel after finding that their patent-related antitrust lawsuit against a SoftBank-owned investment company has “several shortcomings”.