Mark Cuban, who has called U.S. patent law "horrific," tells Forbes he bought a 7.4% stake in IP...

|By:, SA News Editor

Mark Cuban, who has called U.S. patent law "horrific," tells Forbes he bought a 7.4% stake in IP owner Vringo (VRNG +0.8%) as a hedge against the patent risk faced by other companies he has invested in. Vringo is in the process of merging with patent troll Innovate/Protect, which last year filed suit against Google, AOL, and others for alleged infringement. (also)