Patent Troll Forgent threatened with Delisting

According to the Austin Business Journal, local company Forgent Networks has been threatened with delisting from the NASDAQ. Forgent's main product is lawsuits: threatening people who use standard JPEG image technology. Earlier this year, the US Patent and Trademark Office was convinced to look into the validity of the Forgent patent, and has opened up a review. If overturned (please please please), the anti-innovative company will lose its main business. Thus, the stock price has crashed, leading to the delisting notice.

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