Macrovision (MVSN, market cap: $1.3 billion), the parent company of Gemstar-TVGuide, and its CEO, Fred Amoroso, do not want to engage in constructive dialogue. They think that by hiding their heads in the sand, their problem will go away. This leaves me with no choice but to seek one tough and proven contingency law firm or lawyer, to sue them for triple damages in order to catch their attention and recover damages that their Gemstar-TVGuide subsidiary has caused me.
Let me be a little more specific. I had a settlement agreement with an online internet event guide, named Yack.com, spanning the years 2001-2004. The settlement called for certain benefits to me should Yack.com have been acquired during that time period. I accidentally learned, in late 2007, that within the 2001-2004 time period, Yack.com had proceeded to transfer valuable intellectual property assets pertaining to “grid” programming to Gemstar-TVGuide. The transfer of these assets amounted to stripping Yack.com of any significant value, hence assuring that the enterprise would never be acquired, making my settlement worthless. Recently, I asked an attorney to do some research, and he found that case law exists where both the company with whom a settlement beneficiary had a settlement agreement, and the company on the receiving end of an intellectual property transfer which detrimentally and materially affected the settlement beneficiary were forced to compensate the settlement beneficiary for such intellectual property transfers. Yack.com, which seems to have settled in bad faith, has no assets, but Macrovision has plenty of value. My actual claim for damages is $164 million plus accrued interest at an annual compound rate of 10% from November 2001, but I would be seeking triple that total amount because of Macrovision’s lack of co-operation and evasiveness.
If you feel you are the lawyer or law firm for this matter, please email me with your particulars, after having done your own due diligence. The caveat is: no upfront payments (not even for expenses). The pay-off is: 30% of a potential billion dollar recovery.
