Neiman Marcus Fights Ghost Patent Owner


Neiman Marcus recently received a letter from an anonymous inventor claiming the luxury retailer had used patented technology without permission, and now NM is suing against the sender without knowing their identity, asking the patent owner be revealed and the subject be put to rest. What?

The SVP for Government Relationships at the National Retail Federation tells Bloomberg, “CEOs are having to make a decision between fighting a case they believe is completely illegitimate or paying what amounts to an extortionate demand.”

Photo courtesy of nifty