SEC Filing Summary: Marathon Patent Group, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed by Marathon Patent Group, Inc. on March 21, 2013. The registrant is a Nevada corporation headquartered in Alexandria, VA. The report discloses a material legal event under Regulation FD.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding a specific event and does not contain financial statements or performance metrics.
Material Changes and Events
On March 21, 2013, the registrant's subsidiary, Sampo IP, LLC, filed a patent infringement lawsuit in the United States District Court for the Eastern District of Texas. The defendants named in the lawsuit include:
- Sony Computer Entertainment America LLC
- Siemens Energy, Inc.
- CB Apex Realtors, d/b/a Coldwell Banker Apex Realtors
- Blue Cross and Blue Shield Association
- Juniper Networks, Inc.
- Winn Dixie Stores, Inc.
- Dell, Inc.
Outlook, Risks, and Management Commentary
The filing serves as a disclosure of the litigation event. It includes a standard disclaimer stating that the information is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other registration statements except as explicitly stated. No specific financial guidance or management outlook regarding the outcome of the litigation is provided in this text.
Investor Verification Checklist
- Verify the status and details of the patent infringement lawsuit filed by Sampo IP, LLC against the seven named defendants.
- Review the attached press release (Exhibit 99.1) for specific claims and patent numbers involved.
- Monitor future filings for updates on litigation costs, potential settlements, or judgments that could impact financial results.
- Confirm the company's current financial position through its most recent 10-K or 10-Q filings, as this 8-K contains no financial data.