TJX Wraps Up Gift Card Technology Patent Suit

Law360, New York (November 20, 2008, 12:00 AM EST) -- An infringement suit brought against discount chain store operator TJX Cos. Inc. over a Chicago-based patent-holding company’s prepaid phone card and gift card patent has been resolved.

Card Activation Technologies Inc., which has actively asserted its patented technology, said Thursday the parties have settled the company's suit, filed in the U.S. District Court for the Northern District of Illinois.

Earlier this month, the parties submitted a stipulation seeking to dismiss the action on all claims and counterclaims. However, the filing noted that TJX would not be...
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