Sears paid $10k to a teen inventor and said his patent had no value. Sears used it to make $44 million!
Back in the 1960s, 17 year old Peter Roberts invented a major advancement in socket wrenches. He offered the patent to Sears, who was the world's largest retailer at the time. They told Roberts that his patent was valueless and offered him $10,000 for it.
They then went on to make $44 million off of the invention. Since then, Roberts has been in a legal battle with Sears costing millions of dollars. He is suing for defrauding him. The court of appeals keeps handing off to other districts and the case is the slowest in history.
Lawyers say it probably will never be completely resolved. Roberts will probably never receive what he really wants from Sears, but he has kept up the fight through thick and thin.