We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Citigroup Settles With Inventor Over Phone Banking

Law360 (January 3, 2006, 12:00 AM EST) -- Financial services company Citigroup Inc. has settled a patent infringement lawsuit brought by pioneering inventor Ronald A. Katz, who boasts a wide-ranging portfolio that has already earned him more than $1 billion.

The lawsuit, filed in July by patent-holding firm Ronald A. Katz Technology Licensing LP, claims Citigroup and a swath of other defendants are infringing ten patents for automated telephone systems, used in a variety of now-common business methods.

The complaint was filed in the U.S. District Court for the Eastern District of Texas and...
To view the full article, register now.



Law Firms



Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.