Fed. Circ. Affirms Intuit's Win In Quicken Patent Suit

Law360, New York (April 9, 2012, 3:14 PM EDT) -- The Federal Circuit on Monday affirmed the invalidity of a patent asserted by Noah Systems Inc. against Intuit Inc., the maker of Quicken accounting software, holding that Noah's patent failed to specify the functionality of its automated financial accounting system.

The appeals court affirmed a Pennsylvania federal court's ruling for Intuit, maker of Quicken and QuickBooks, the software at issue. The court found that Noah's patent lacked the necessary specifics to explain the parameters of its invention's algorithmic functionality allowing for the transmitting of information across...
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