Jury Hands Western Union $16M In E-Payment IP Suit

Law360, New York (September 25, 2009, 3:21 PM EDT) -- A federal jury has awarded the Western Union Co. more than $16 million in damages, finding that rival MoneyGram Payment Systems Inc. infringed four patents related to electronic money transfers.

In a verdict reached Thursday in the U.S. District Court for the Western District of Texas, the jury found that MoneyGram infringed — either literally or through the doctrine of equivalents — patents describing methods for performing financial transactions over the phone.

The jury did not, however, find the infringement willful, as Western Union had argued....
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