PNC Financial Services Group and Wells Fargo Bank were accused by Content Extraction and Transmission (CET) of infringing six information processing patents covering handling of deposits made at ATMs and via mobile electronic devices. The patents involved in the suit were:
- US5258855 issued on Nov 02, 1993 and expired* on Mar 20, 2011
- US5369508 issued on Nov 29, 1994 and expired* on Nov 29, 2011
- US5625465 issued on Apr 29, 1997 and expiring* by Apr 29, 2014
- US5768416 issued on Jun 16, 1998 and expiring* by Jun 16, 2015
- US7259887 issued on Aug 21, 2007 and expired* on Mar 20, 2011
- US7474434 issued on Jan 06, 2009 and expired* on Mar 20, 2011
All the patents are entitled ‘Information processing methodology’ and were last assigned+ to Content Extraction and Transmission (source: MaxVal’s Assignment Database). CET alleged that defendants infringed the patents by processing check and cash deposits made by customers at automatic teller machines (“ATMs”) using their envelope-free deposit service such as the DepositEasy service, and by processing check deposits made from mobile electronic devices using their mobile deposit service such as the Mobile Deposit service. CET asked the Court to declare that the defendants infringed the asserted patents, issue preliminary and permanent injunctions and award damages.
Considering the dismissal filed by defendants, the Court ordered both the civil actions be dismissed and declared ‘855, ‘508, ‘465 and ‘416 patents to be invalid, thereby concluding the cases.
Case Filed: Apr 26, 2012 and Nov 08, 2012
Case Closed: Jul 31, 2013
Court: New Jersey District Court
Judge: Michael A. Shipp
For more details on the cases, see 3:12-cv-06960 and 3:12-cv-02501. To get alerts on cases filed/closed, subscribe to our Litigation Alerts.
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