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Explain this story: Apple Owes $5.7 Billion to Litigation-Funded Firm in Patent Case
A federal jury in San Diego has ordered Apple Inc. to pay over $5.7 billion for infringing patents held by Taction Technology Inc., which cover vibration-based technology used in iPhones and Apple Watches. While infringement was found, the jury determined it was not willful. The case highlighted Taction's financing from litigation funding firms Gronostaj Investments LLC and Kenosha Investments LP, the latter an indirect subsidiary of Burford Capital Ltd.
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A federal jury in San Diego has ordered Apple Inc. to pay over $5.7 billion for infringing patents held by Taction Technology Inc., which cover vibration-based technology used in iPhones and Apple Watches. While infringement was found, the jury determined it was not willful. The case highlighted Taction's financing from litigation funding firms Gronostaj Investments LLC and Kenosha Investments LP, the latter an indirect subsidiary of Burford Capital Ltd.
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Published Sep 25, 2026, 19:30 ET · on this site +1d 6h