JPMorgan Settles Suit Over Secure Network Patent

By Julie Zeveloff

Law360, New York (March 03, 2010, 12:39 PM ET) -- JPMorgan Chase & Co. — one of more than a dozen financial institutions and communications companies targeted in an infringement suit over a patent related to secure credit card transactions — has reached a deal with the patent's inventors and asked a federal judge to dismiss it from the case.

Patent sublicensing company Joao Bock Transaction Systems of Texas LLC and defendants Chase Bank USA NA and JPMorgan lodged a joint motion to dismiss all claims between them on Tuesday in the U.S. District Court for...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles