Latham & Watkins Secures $135 Million Settlement for Netgear in Patent Dispute with TP-Link

Latham & Watkins has successfully negotiated a significant settlement for its client, Netgear, in a Wi-Fi patent dispute against TP-Link. The settlement, amounting to $135 million, resolves the complaint originally filed by Netgear with the U.S. International Trade Commission (ITC). Netgear, based in San Jose, California, initially alleged patent infringement by TP-Link, a network equipment manufacturer with dual headquarters in Singapore and the U.S., in April 2023. Subsequently, the ITC launched an investigation into these allegations on May 8, 2023. For further details, access the source article.