acri_8k-043010.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

PURSUANT TO SECTION 13 or 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 30, 2010

ACACIA RESEARCH CORPORATION

(Exact name of Registrant as Specified in its Charter)

Delaware (State or Other Jurisdiction of Incorporation)	000-26068 (Commission File Number)	95-4405754 (I.R.S. Employer Identification No.)

500 Newport Center Drive,

Newport Beach, California 92660

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code

(Former Name or Former Address, if Changed since Last Report)

__________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 7 - Regulation FD

Item 7.01 Regulation FD Disclosure.

On May 3, 2010, Acacia Research Corporation issued a press release announcing the verdict of a patent infringement trial brought by its subsidiary, IP Innovation LLC, against Red Hat and Novell. A copy of that release is furnished as Exhibit 99.1 to this report.

The information in this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

99.1	Press Release dated May 3, 2010 of the Registrant.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ACACIA RESEARCH CORPORATION

Date: May 3, 2010	By:	/s/ Paul R. Ryan
		Name: Paul R. Ryan
		Title: Chairman and Chief Executive Officer

Contacts: Rob Stewart

Investor Relations

Tel (949) 480-8300

Fax (949) 480-8301

FOR RELEASE

May 3, 2010

ACACIA RESEARCH SUBSIDIARY, IP INNOVATION LLC,

RECEIVES JURY VERDICT IN PATENT INFRINGEMENT CASE

NEWPORT BEACH, Calif – (BUSINESS WIRE) – May 3, 2010 – Acacia Research Corporation’s (Nasdaq : ACTG) subsidiary, IP Innovation LLC, along with co-plaintiff Technology Licensing Corporation (TLC), received a jury verdict on April 30th, 2010, in a patent infringement trial concerning three U.S. Patents originally issued to Xerox’s PARC research center. The patents-in-suit represented some of Xerox’s early work in the 1980’s to develop and improve the graphical user interface and virtual workspaces presented on computer displays. The case was brought by IP Innovation and TLC against Red Hat and Novell in the District Court for the Eas tern District of Texas (Case No: 2:07-cv-00447). The jury determined that the patents were invalid and not infringed.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research’s subsidiaries control over 140 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.