Teladoc Health Inc
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Health Care : Health Care Technology | Mid Cap Growth
Company profile

Teladoc Health, Inc., formerly Teladoc, Inc., is a telehealth company. The Company offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Company's solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals treating a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. As of July 17, 2017, it served over 7,500 employers, health plans, health systems and other entities. As of July 17, 2017, these clients collectively purchased access to its solution for more than 20 million Members. As of December 31, 2016, it had over 30 health plans as Clients. Its solutions consist of an integrated technology platform, Provider network, consumer engagement strategies and entrenched distribution channels.

Price
Delayed
$116.54
Day's Change
-1.86 (-1.57%)
Bid
--
Ask
--
B/A Size
--
Day's High
120.00
Day's Low
116.27
Volume
(Heavy Day)

Today's volume of 483,660 shares is on pace to be much greater than TDOC's 10-day average volume of 1,767,829 shares.

483,660

Kasowitz -- The Streaming War is Coming: Patent Litigation Victory against Roku Heralds Advent of Streaming Technology Patent Wars

11:21 am ET December 9, 2019 (PR Newswire) Print

Announcing a significant recent victory in a $200 million patent infringement lawsuit against Roku, the leading streaming platform in the United States, prominent patent litigator Jonathan K. Waldrop, of Kasowitz Benson Torres LLP, details, in an article published this week by Intellectual Property Magazine, why the case against Roku heralds the advent of broad-sweeping patent litigation against the major streaming technology companies.

The lawsuit, MV3 Partners LLC v. Roku, Inc., is scheduled for trial before Judge Alan Albright in the Western District of Texas in June 2020. As alleged in MV3's complaint, Roku earns hundreds of millions of dollars in revenue and profit selling streaming media players and smart TVs nationwide that incorporate MV3's patented mobile streaming invention that allows users to stream content from mobile phones to televisions - all without payment to or license from MV3.

"Based on our success at the critical claim construction hearing in front of Judge Albright, we are confident that we will succeed at trial against Roku," stated Mr. Waldrop. "It is long past time for Roku to compensate MV3 for Roku's use of MV3's valuable technology," he added.

As Roku has alleged in its complaint, "Roku is facing massive liability in this case - including treble damages for what MV3 has alleged is Roku's willful infringement of MV3's patent," added Marc E. Kasowitz, managing partner of the Kasowitz firm, "and we look forward to going to trial."

In his Intellectual Property Magazine article, Mr. Waldrop predicts that MV3's lawsuit against Roku is likely to reverberate throughout the streaming industry, as well as further solidify the importance for patent litigation of the Western District of Texas, where many leading technology companies have operations. Ultimately at stake is the multi-billion dollar streaming content industry, encompassing giants such as Netflix, Disney, Hulu, Amazon and Apple: "[a]t the center of the streaming wars is the ability to stream content directly from mobile devices," and the Roku lawsuit heralds the beginning of MV3's campaign to obtain just compensation for the use of its technology by key streaming device manufacturers such as Roku, Microsoft, Samsung and Apple.

Click here to read the article, "Upstream Battle".

About Kasowitz Benson Torres LLP

Kasowitz Benson Torres LLP is a leading national law firm with a core focus on commercial litigation, complemented by strong bankruptcy/restructuring and real estate transactional practices. Kasowitz is known for its creative, aggressive litigators and willingness to take on tough cases. The firm has extensive trial experience and is always trial-ready, representing both plaintiffs and defendants in every area of litigation. Kasowitz is committed to pursuing aggressive and innovative approaches to its clients' most challenging legal matters. Headquartered in New York City, the firm also has offices in Atlanta, Denver, Houston, Los Angeles, Miami, Newark, San Francisco, Silicon Valley and Washington, DC. For more information, please visit www.kasowitz.com.

Contact

Kasowitz Benson Torres LLP Jonathan K. Waldrop Partner jwaldrop@kasowitz.com +1 (650) 453-5425

https://c212.net/c/img/favicon.png?sn=NY60742&sd=2019-12-09

View original content:http://www.prnewswire.com/news-releases/kasowitz----the-streaming-war-is-coming-patent-litigation-victory-against-roku-heralds-advent-of-streaming-technology-patent-wars-300971464.html

SOURCE Kasowitz Benson Torres LLP

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