Fed. Circ. Affirms Pier 1 Patent Win Over Gift Card System

Law360, Washington (November 07, 2013, 5:13 PM ET) -- The Federal Circuit on Thursday unanimously upheld a Texas federal jury’s verdict that Pier 1 Imports Inc.’s gift card system does not infringe on two Alexsam Inc. patents.

In a per curiam order, a three-judge panel affirmed an October 2011 jury decision that the retailer had not infringed on the patent-holding company’s patents-in-suit covering technology associated with a multifunctional card that can serve, among other things, as a debit card, prepaid phone card and loyalty card. The jury said Pier 1’s system didn’t meet all of...
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