Actus, WildTangent Settle Payment Method Patent Suit

Law360, New York (August 10, 2009, 1:00 PM EDT) -- Online gaming network WildTangent Inc. is the first defendant to reach a settlement with patent-holding company Actus LLC in a suit that accuses nearly two dozen entities of infringing four patents related to an electronic payment system.

Judge T. John Ward of the U.S. District Court for the Eastern District of Texas on Wednesday signed an order granting Actus and WildTangent's joint motion to dismiss all claims with prejudice and all counterclaims as moot, subject to the terms of a settlement and license agreement signed last...
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