Middle Years
The United States Attorney General sued De Forest for fraud (in 1913) on behalf of his shareholders, stating that his claim of regeneration was an "absurd" promise (he was later acquitted). Nearly bankrupt with legal bills, De Forest sold his triode vacuum-tube patent to AT&T and the Bell System in 1913 for the bargain price of $50,000.
De Forest filed another patent in 1916 that became the cause of a contentious lawsuit with the prolific inventor Edwin Howard Armstrong, whose patent for the regenerative circuit had been issued in 1914. The lawsuit lasted twelve years, winding its way through the appeals process and ending up before the Supreme Court in 1926. The Supreme Court ruled in favor of De Forest, although the view of many historians is that the judgment was incorrect.
Read more about this topic: Lee De Forest
Famous quotes containing the words middle and/or years:
“Few women, I fear, have had such reason as I have to think the long sad years of youth were worth living for the sake of middle age.”
—George Eliot [Mary Ann (or Marian)
“Under bare Ben Bulben’s head
In Drumcliff churchyard Yeats is laid.
An ancestor was rector there
Long years ago, a church stands near,
By the road an ancient cross.
No marble, no conventional phrase;
On limestone quarried near the spot
By his command these words are cut:
Cast a cold eye
On life, on death.
Horseman pass by!”
—William Butler Yeats (1865–1939)