TQP, Capital One Settle Web Encryption Patent Suit

Law360, New York (October 6, 2009, 7:23 PM EDT) -- TQP Development LLC has reached a settlement agreement with Capital One Financial Corp. and two subsidiaries, potentially releasing the group from one of several ongoing and wide-ranging patent infringement suits over a TQP technology governing online encrypted data transmissions.

The two parties jointly filed to dismiss TQP's claims in the U.S. District Court for the Eastern District of Texas Tuesday and await Judge T. John Ward's ruling on the motion, which seeks to dismiss with prejudice, but does not disclose the specifics of the settlement agreement....
To view the full article, register now.