TJX Cos. Faces Suit Over Gift Card Technology

Law360, New York (November 14, 2007, 12:00 AM EST) -- A Chicago, Ill.-based patent-holding firm is continuing its crusade over its prepaid phone and gift cards patent in its latest infringement suit against discount chain store operator TJX Cos. Inc.

Card Activation Technologies Inc. said Wednesday it launched the suit in the U.S. District Court for the Northern District of Illinois, seeking a royalty from the Framingham, Mass.-based company on the activation and processing of its gift cards as well as an injunction against further use of the technology.

TJX generated $17.4 billion in net sales...
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