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Article: Acacia Subsidiary Enters into Settlement Agreements Regarding Credit Card Fraud Protection Technology with Ben Bridge Jeweler, Christopher & Banks and L'Oreal.
- Article from:
- Business Wire
- Article date:
- August 6, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEWPORT BEACH, Calif. -- Acacia Research Corporation (Nasdaq:ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into settlement agreements covering a patent that applies to credit card fraud protection technology with Ben Bridge Jeweler, Inc., Christopher & Banks, Inc. and L'Oreal, USA, Inc. This resolves disputes that were pending before the United States District Court for the Northern District of Georgia and the Northern District of Texas concerning the companies listed herein.
The expired patent asserted in this litigation generally relates to a computerized system for protecting retailers and consumers engaged in credit ...