DataTreasury, RBS Settle Check-Imaging Patent Spat

Law360, New York (January 25, 2010, 12:23 PM EST) -- RBS Citizens NA has become the latest financial services firm to exit patent infringement litigation brought against a host of banks by DataTreasury Corp. over the company's check-imaging technology.

Judge David Folsom of the U.S. District Court for the Eastern District of Texas signed off Friday on a joint motion to dismiss claims and counterclaims between the two parties. The specific terms of the settlement were not disclosed in court documents and representatives for both parties did not immediately respond to requests for comment Monday....
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