Acacia Unit Reaches Settlement With Sharper Image

Law360, New York (December 3, 2007, 12:00 AM EST) -- A subsidiary of patent-holding company Acacia Research Corp. has struck a settlement deal with Sharper Image that resolves a patent infringement dispute over credit card fraud protection technology.

Financial Systems Innovation LLC said Monday the agreement settles the claims against Sharper Image regarding the unit's patent pending before the U.S. District Court for the Northern District of Georgia.

The Acacia unit and patent owner Paul N. Ware filed the infringement suit in June, accusing Sharper Image and more than 100 other U.S. retailers, including Abercrombie &...
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