Apple fails to overturn VirnetX patent verdict, could owe over $1.1 billion

A federal judge denied Apple Inc's bid to set aside or reduce a $502.8 million patent infringement verdict favoring VirnetX Holding Corp, and awarded interest and royalties that could boost Apple's total payout in two lawsuits above $1.1 billion.In a decision issued, U.S. District Judge Robert Schroeder in Tyler, Texas rejected Apple's request for a new trial and several other claims.

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