Last Defendant Settles In Variant Marketing Patent Suit

Law360, New York (April 9, 2010, 5:31 PM EDT) -- Variant Inc. has reached a settlement with Bankrate Inc., the last of a slew of defendants in an infringement suit over a patent for an online marketing system, bringing an end to 16 months of litigation.

Judge Randall R. Rader of the U.S. District Court for the Eastern District of Texas on April 2 dismissed the case pursuant to a settlement, with each party agreeing to bear its own attorneys' fees.

Further terms of the settlement were not disclosed, and attorneys for the parties did not...
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