Phoenix Targets Banks, Insurers Over Marketing IP

Law360, New York (June 15, 2011, 2:09 PM EDT) -- Phoenix Licensing LLC filed suits in Texas on Monday and Tuesday against a slew of financial institutions and insurers — including Aetna Inc., Commerce Bank NA, Humana Inc. and General Electric Capital Corp. — over patents for marketing technology.

Phoenix Licensing and exclusive licensee LPL Licensing LLC's complaints targeted a lengthy roster of companies, such as UnitedHealth Group Inc., Metropolitan Life Insurance Co., MetLife Bank NA, HSBC Bank USA NA, M&T Bank NA, Regions Bank NA and Wilmington Trust Corp.

Tuesday's suit asserts three patents, while...
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