UnitedHealth HSA Cards Accused Of Infringement

Law360, New York (November 26, 2007, 12:00 AM EST) -- Health care conglomerate UnitedHealth Group Inc. has been hit with a patent infringement suit that claims the company and its subsidiaries infringed two patents for credit card technology.

In a complaint filed Wednesday in the U.S. District Court for the Eastern District of Texas, patent-holding company Alexsam Inc. targeted subsidiaries United Healthcare Services Inc., Exante Bank Inc. and Exante Financial Services Inc.

Exante is a financial institution focused on health care banking particularly through Health Savings Accounts.

The patents-in-suit, both entitled “Multifunctional Card System,” were invented...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.