Alpha Modus (AMOD)subsidiary Alpha Modus announced that it has filed a federal patent-infringement lawsuit in the U.S. District Court for the Central District of California against Adroit Worldwide Media, alleging unauthorized use of Alpha Modus’s patented retail-intelligence and cashierless-checkout technologies. The lawsuit asserts infringement of four U.S. patents Nos. 10,977,672; 11,042,890; 11,301,880; and 12,354,121 covering systems that enable real-time inventory management, personalized shopper engagement, and automated frictionless-checkout experiences. Alpha Modus alleges that AWM’s commercial products, including AWM Frictionless, Smart Shelf, Automated Inventory Intelligence, Facial Wallet, and Retail Data Engine, practice Alpha Modus’s patented methods and systems without license or authorization.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMOD:
