IBM Reaches Settlement in $19.5 Million Blockchain Software Lawsuit

IBM has reached a settlement in principle following a legal battle over blockchain software, according to a recent report. This development transpired after a federal jury in Marshall, Texas, awarded an Oklahoma-based litigation group a $19.5 million verdict in September. U.S. District Judge Rodney Gilstrap was informed of the settlement plans, marking a pivotal moment in the case. To dive deeper into the nuances of this legal proceeding, the full account is available on Law360.