Steven Faletto is a Partner in the Chicago office. Mr. Faletto joined Global IP in September 2014 as an associate in the Chicago office after previously working for the firm as a summer associate and school-year law clerk. Mr. Faletto is involved with all aspects of monetizing patent portfolios through acquisition, licensing, and litigation, including infringement analysis, invalidity assessments, agreement drafting, portfolio marketing, and damages/market research.
He has experience with portfolios ranging in size from a single patent to hundreds of patent assets. He has successfully monetized patent portfolios owned by single inventors as well as large corporations and has experience with many technology areas, including: computer networking, database replication, content distribution, network routing and transport protocols, data storage and security, location-based services, video gaming software and hardware, streaming technologies, IP-based teleconferencing, cloud computing, Internet-of-Things, and online advertising technologies.
Mr. Faletto holds a J.D. (cum laude) from DePaul University College of Law, where he received a Certificate in Intellectual Property Law with a focus on Patent Law. He received a B.S. (cum laude) in Computer Science from DePaul University College of Computing and Digital Media. Mr. Faletto is licensed to practice law in Illinois and is admitted to the U.S. District Court for the Northern District of Illinois and the U.S. Court of Appeals for the Federal Circuit.
Mr. Faletto is the inventor of five issued United States patents:
US 9,940,663 – Indoor Location Mapping & Wayfinding System, Issued April 10, 2018.
US 10,664,900 – Indoor Location Mapping & Wayfinding System, Issued May 26, 2020.
US 10,672,063 – Indoor Location Mapping & Wayfinding System, Issued June 2, 2020.
US 10,679,279 – Indoor Location Mapping & Wayfinding System, Issued June 9, 2020.
US 11,182,843 – Indoor Location Mapping & Wayfinding System, Issued Nov. 23, 2021.
Examples of federal court cases include:
AlterWAN v. Amazon.com, Inc., et. al. (D. Del. 2019-2021).