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CORNELIUS, N.C. - Alpha Modus Ventures, LLC (AMV) has filed a patent infringement lawsuit against Cisco Systems, Inc. (NASDAQ:CSCO) in the U.S. District Court for the Western District of Texas, according to a press release statement. The lawsuit comes as Alpha Modus Holdings (NASDAQ:AMOD) shows strong recent momentum, with shares gaining over 12% in the past week, though still trading 89% below their 52-week high of $13.49.
The lawsuit, filed Monday, alleges that Cisco infringed on three patents owned by AMV related to Fibre Channel over Ethernet (FCoE) technology. The complaint specifically targets Cisco’s networking and data center products, including its Unified Computing System and Converged Network Adapters.
The patents in question are U.S. Patent Nos. 11,108,591, 11,310,077, and 11,303,473, which cover methods and systems for transporting Fibre Channel traffic over Ethernet networks.
AMV is seeking monetary damages for Cisco’s past use of the patented technology, claiming that unauthorized use resulted in commercial benefit at Cisco’s expense.
This legal action follows AMV’s previous patent infringement lawsuit against Broadcom Inc. filed on April 22, 2025. AMV has a patent monetization and funding agreement with Alpha Modus Holdings, Inc. (NASDAQ:AMOD).
The case has been filed as Alpha Modus Ventures, LLC v. Cisco Systems, Inc., Civil Action No. 1:25-cv-00888, in the Western District of Texas.
Alpha Modus Holdings describes itself as a technology company focused on retail intelligence and connectivity through AI-powered platforms, according to the company’s press release. The company currently maintains weak financial health metrics according to InvestingPro analysis, with short-term obligations exceeding liquid assets, as reflected in a current ratio of 0.13.
In other recent news, Alpha Modus Holdings, Inc. has been active with several strategic moves. The company announced a significant change in its capital structure, with CEO William Alessi’s family trusts converting Series C Preferred Stock into Class A Common Stock, enhancing shareholder equity by approximately $31 million. This conversion is expected to strengthen Alpha Modus’s financial position and align the CEO’s interests with common shareholders. In legal developments, Alpha Modus settled a patent lawsuit with The Kroger Co., reinforcing the strength of its patent portfolio. Additionally, the company has initiated a new patent infringement lawsuit against Broadcom Inc., focusing on three patents related to Fibre Channel data transportation over Ethernet. These legal actions reflect Alpha Modus’s commitment to protecting its intellectual property and potentially unlocking value through strategic litigation. In leadership news, Alpha Modus appointed Tim Matthews as Head of Deployment Strategy to expand its CashX smart kiosk network. Matthews brings nearly two decades of experience in fintech and digital product launches, aiming to modernize the retail cash experience.
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