Alpha Modus sues Walgreens for patent infringement

Alpha Modus (AMOD) announced that its wholly owned subsidiary, Alpha Modus has filed a patent infringement lawsuit that also alleges willful infringement against Walgreens (WBA) in the United States District Court for the Eastern District of Texas. “We believe our technology is currently being used by scores of brands, retailers and technology providers. Our research demonstrates that, as a result, damages due Alpha Modus far exceed an estimated $500 million and could easily run into the billions over the life of our patents. This lawsuit is a necessary step to protect our intellectual property and uphold fair competition,” said Alpha Modus CEO William Alessi.