Competition Economics testimony assists $20 million judgment in patent infringement case

div>On September 17, 2012, Judge Gilstrap issued a Final Judgment in SSL Services v. Citrix Systems, Inc., awarding SSL $5 million in enhanced damages and $5 million in prejudgment interest, doubling the $10 million verdict from a Marshall, Texas jury.  Competition Economics Director Brett Reed testified at trial that a reasonable royalty for the infringement of SSL’s ‘011 patent was a paid up lump sum of $10 million. Mr. Reed also submitted testimony addressing appropriate prejudgment interest consistent with the lump sum royalty, and the Court awarded prejudgment interest at a rate of 5.18% (the average rate at Prime + 1 over the term of the infringement, as calculated by Mr. Reed), compounded quarterly. See also http://www.law360.com/ip/articles/379077.