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1. MetLife Resolves TQP Data Encryption Patent Suit

Friday, Mar 19, 2010

Metropolitan Life Insurance Co. has become the latest defendant to settle in TQP Development LLC's wide-ranging patent infringement battle over online encrypted data transmission.

2. TQP Hits New York Mellon, Others Over Data Patent

Thursday, Mar 11, 2010

Patent-holding company TQP Development LLC is suing a host of corporate giants, including The Bank of New York Mellon Corp., Delta Air Lines Inc., Walgreen Co., Target Corp., Time Warner Inc., UBS AG and The Allstate Corp., for allegedly infringing its patent for an encrypted data transmission system.

3. Western Union Strikes Deal In Actus E-Payment IP Suit

Wednesday, Mar 10, 2010

Western Union Financial Services Inc. has settled a patent infringement suit brought by patent-holding company Actus LLC over technology for electronic methods of processing payments, joining a number of other defendants that have resolved the litigation.

4. AmEx Loses Bid To Toss Drugstores' Antitrust Suits

Thursday, Mar 04, 2010

A federal judge has refused to toss five consolidated complaints brought by Rite Aid Corp., CVS Pharmacy Inc., Walgreen Co. and two other drugstores alleging that American Express Co. violated federal antitrust laws by imposing anti-competitive rules on merchants.

5. Disney Settles With Actus Over Electronic Payment IP

Thursday, Feb 18, 2010

Disney Gift Card Services Inc. has become the latest defendant to settle a patent infringement suit brought by Actus LLC over technology for electronic methods of processing payments.

6. Generali Ends Shareholder Pact Amid Antitrust Scrutiny

Wednesday, Feb 17, 2010

Facing scrutiny from Italy's competition regulator, Assicurazioni Generali SpA has agreed to terminate a shareholder pact with Credit Agricole relating to a merger that created the Italian bank Intesa Sanpaolo SpA.

7. Discover To Pay Morgan Stanley $775M To End Suit

Friday, Feb 12, 2010

Discover Financial Services has agreed to pay $775 million to former parent company Morgan Stanley to end a dispute over the payout from an antitrust suit that the credit card issuer filed against rivals in 2004.

8. Actus' Web Payment Patent Suit Survives Bid To Toss

Thursday, Feb 11, 2010

A federal judge has refused to toss a suit filed by Actus LLC accusing a slew of financial and retail companies — including Capital One Financial Corp., Visa Inc. and Wal-Mart Stores Inc. — of infringing patents covering electronic methods for processing payments, determining that such a move would be premature.

9. E-Trade Inks Deal In TQP Data Encryption Patent Suit

Monday, Feb 01, 2010

Internet stock brokerage E-Trade Financial Services Corp. has reached a settlement in TQP Development LLC's suit accusing a wide range of financial institutions of infringing a patent for the transmission of encrypted data online.

10. Vivendi Dropped From Payment Method Patent Suit

Wednesday, Jan 27, 2010

Vivendi Universal SA has become the latest to exit Actus LLC's patent enforcement litigation over electronic methods for processing payments.

11. Top Antitrust Deals Of '09 Have Enforcement Tie

Tuesday, Jan 19, 2010

Last year saw some blockbuster settlements in antitrust litigation, with many of the biggest deals coming on the back of government investigations or enforcement actions.

12. National Arbitration Forum Kept In Cardholder Suit

Tuesday, Jan 19, 2010

A federal judge has rejected the National Arbitration Forum's bid to dismiss a suit claiming it conspired to help financial companies controlling some 86 percent of the U.S. credit card market to maintain mandatory arbitration clauses as a condition of card use.

13. Fifth Third Exits TQP Encryption Patent Suit

Wednesday, Jan 13, 2010

TQP Development LLC has cut a deal with Fifth Third Bancorp in the patent-holding firm’s case accusing several financial firms of infringing a patent covering an online encrypted data transmission method.

14. Italy Extends Intesa Antitrust Probe Into February

Friday, Jan 08, 2010

Italy's competition regulator has granted a second extension in an investigation into whether Italian bank Intesa Sanpaolo SpA failed to comply with antitrust procedures on shareholder pacts related to the merger that created the bank.

15. Raymond James Settles In TQP Encryption Patent Suit

Thursday, Jan 07, 2010

Raymond James Financial Inc. has become the latest financial services company to resolve TQP Development LLC's suit accusing more than two dozen banks and finance firms of infringing a patent related to an online encrypted data transmission method.

16. Fee MDL Plaintiffs Clamor For Visa, MasterCard EU Info

Wednesday, Jan 06, 2010

The plaintiffs in multidistrict antitrust litigation over payment card interchange fees have asked a judge to compel Visa Inc. to turn over a European Commission statement of objection and make MasterCard Inc. produce a record of a hearing before the commission.

17. US Bancorp, Others Settle In Online Payment IP Suit

Wednesday, Jan 06, 2010

Actus LLC has reached settlements with Barnes & Noble Inc. and U.S. Bancorp, further winnowing the patent-holding company's infringement suit over technology for electronic payment systems.

18. Morgan Stanley Wins Partial Judgment In Dividend Spat

Tuesday, Jan 05, 2010

Morgan Stanley has been handed a partial victory in an ongoing dispute with former subsidiary Discover Financial Services over a payout from an antitrust suit, following a New York state court judge's ruling that Discover must pay Morgan Stanley a special dividend worth nearly $800 million.

19. MetLife Faces Suit Over TQP Encryption Patent

Monday, Jan 04, 2010

Metropolitan Life Insurance Co. has become the latest company to be targeted by TQP Development LLC, which accuses the insurer of infringing a patent for encrypted data transmission.

20. Credit-Card Holders Seek Cert. In HSBC Late Fee Spat

Wednesday, Dec 23, 2009

HSBC Bank USA NA customers alleging that the bank charged late fees to those who made their payments on time via first-class mail, despite its promise to register payments based on receipt date, have moved for class certification.