Pier 1 Gift Cards Infringe Alexsam's IP, Fed. Circ. Told

Law360, Washington (November 5, 2013, 4:49 PM EST) -- Patent-holding company Alexsam Inc. urged a Federal Circuit panel to overturn a jury verdict finding that Pier 1 Imports Inc. did not infringe on Alexsam's gift card technology patents, arguing Tuesday that the retailer's system doesn't differ substantially from its intellectual property.

According to Alexsam, Pier 1's gift card system meets every element of its two patents-in-suit, but a Texas federal jury ignored those similarities when it determined Pier 1 didn't infringe on the intellectual property. The jury also didn't invalidate Alexsam's two patents, which the...
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