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2021-8-24 DC - Bursting Balloons: One Inventor's Legal Battle

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LES Webinar: Bursting Balloons: One Inventor's Legal Battle and the Lessons Learned

Josh Malone quit his corporate job in 2006 to take his shot at the Inventor’s Dream. Eight years later, savings depleted and kids' college unfunded, he took one last swing before trudging back to the corporate world. And hit a homerun with Bunch O Balloons. His solution to the 63 year old problem of filling and sealing water balloons instantly became the number one selling summer toy. His invention was stolen by a notorious infringer who convinced the USPTO to invalidate his patent under a controversial procedure of the 2011 America Invents Act. A brutal and costly legal battle combined with an anti-corruption crusade ultimately resulted in a $31M award and restoration of his patent rights. He is now a full time volunteer with the inventor advocacy organization US Inventor.

 

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