Patent Company Settles With Capital One, Netflix

Law360, New York (December 6, 2007, 12:00 AM EST) -- Capital One Financial Corp. and Netflix Inc. have settled charges that they infringed a patent held by Constellation IP LLC covering a “computer generated presentation system” used to display information on Web sites.

Capital One units Capital One Services Inc., Capital One Bank and Capital One Auto Finance Inc. stipulated their dismissal from the case in a joint motion filed Wednesday with the U.S. District Court for the Eastern District of Texas. Netflix filed a similar motion on Thursday.

The terms of both settlements were undisclosed,...
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