Access 1st Settles In Wolf Run Messaging Patent Suit

Law360, New York (April 12, 2010, 11:49 AM EDT) -- Access 1st Capital Bank in Texas has become the second defendant to strike a deal in a suit brought by Wolf Run Hollow LLC accusing a dozen financial institutions of infringing a patent related to the transmission of secure online messages.

Wolf Run filed a motion to dismiss Access 1st Capital with prejudice Thursday in the U.S. District Court for the Eastern District of Texas, saying that the parties had signed a nonexclusive licensing agreement a day earlier.

Houston-based Prosperity Bank was the first to reach...
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