Wisconsin Alumni Research Foundation, Madison, could receive a windfall after a U.S. District Court jury on Friday awarded it $234.3 million in damages over a patent infringement violation by Apple Inc.
Morgan Chu, partner of Irell & Manella LLP law firm, Friday confirmed the amount of the award in an e-mail.
The award amounts to almost 10% of the foundation's total $2.5 billion in assets.
WARF, which filed a lawsuit last year in the Madison court accusing the technology giant of violating a WARF-owned patent for use in Apple's iPhone 5 and other products, sought $398 million in damages.
Apple could appeal, a process that could take more than a year. If the jury's verdict is upheld, the foundation would receive the entire award.
Mr. Chu and his law firm represented WARF in the lawsuit.
The award comes after the jury delivered a verdict Tuesday declaring Apple infringed on the patent.
Jeanan Yasiri Moe, WARF director of strategic communications, said in an e-mail, “It is WARF's policy that we do not comment on ongoing litigation.”
WARF filed another lawsuit Sept. 29, accusing Apple of infringing on the patent for use in the Apple iPhone 6s and other products. That case is pending.