Facebook Inc. (FB) Going Dutch with Unusual Patent Suit

Facebook Inc. (NASDAQ:FB) has faced its share of patent-infringement lawsuits over the years, from legitimate companies like Yahoo! Inc. (NASDAQ:YHOO) as well as so called “patent trolls,” but we’re pretty sure you not heard of a patent lawsuit like this.

Facebook Inc. (NASDAQ:FB) is being sued by a dead Dutchman.

This is a story about computer scientist Joannes Van Der Meer, who received a couple of patents regarding what are called “online diaries,” which Van Der Meer is credited with pioneering. He started on his concept in the early 2000s, and even registered the web site “www.surfbook.com,” but passed away in 2004 before his work could get off the ground, Facebook Inc. (NASDAQ:FB) came into being in 2003.

Facebook Inc. (FB)Tom Melsheimer, attorney for Rembrandt Social Media – the company that currently owns the two patents – said about Van Der Meer’ invention, “He really created the concept of a diary on the Internet. To describe it in a general way, he had the notion of being able to publish and share information with a select group of people and the ability to link in other types of information. It was the beginnings of what we would say is social networking.”

Thought Facebook showed up before Van Der Meer’s passing, the complaint stated that “it bears a remarkable resemblance, both in terms of its functionality and technical implementation, to the personal web page diary that Van Der Meer had invented years earlier.” It even went on to address Facebook Inc. (NASDAQ:FB) advertising driving most of its revenue, and that specific business model is referred to in one of the patents. The “share” or “like” button featured by Facebook is also claimed as being a Van Der Meer invention in the complaint.

As the last bit of information, the complaint claims that Facebook Inc. (NASDAQ:FB) was aware of at least one of the patents, because the company specifically referred to it in one of its patent filings in 2012.

What do you think about this? Is this just another opportunistic lawsuit, or can this be legitimate? If is legitimate, how would this affect the future fo Facebook Inc. (NASDAQ:FB) if it has to pay royalties as are being requested? We’d like your thoughts in the comments section below.

DISCLOSURE: I own no positions in any stocks mentioned.

Please see these related FB articles:

CNBC’s Cramer: Facebook Should Buy Linkedin

Is Facebook About to Launch a Tracking App?

Why Investors Were Unimpressed with Facebook

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!