A little scrolling goes a LONG way. In this case, it goes one more page back.
This whole thing came up back on Page 15 with Matt's post. Let's start there and work our way forward....
Mmm, not quite. The fine is actually less than $500 for each infraction, and it is enforced through private infringment actions, not the federal prosecutor. One half of the fine goes to the party bringing the action, the other half goes to the government. No confinement or jury trials, either, from what I understand of section 292.
Still, though, can you imagine getting fined $500 for each sticker? Damn. That's a bitter horse pill to swallow.
BTW, after doing a bit of searching on the Internet, I found a few intellectual property law firms that are claiming it is indeed a "felony to deceive the public by stating a product is "patent pending" when it is not". I do not believe this is correct information in this context. If you are deceiving the public in order to commit other crimes which may be felonies, such as securities fraud, then yes, that deception could be a felony. However, it is not clearly spelled out in the statute that labeling a product as "Patent Pending" is punishable as a felony offense.
When I get back to the office on Monday, I'll check the actual USC and ask our trademarks guy what's up with that.
I did not accuse anyone of any wrong-doing anywhere in there, or anywhere else on this site.