United Services Automobile Association v. PNC Bank N.A.

This past February saw the end of mobile check deposit litigation between patentholder United States Automobile Association (USAA) and defendant Wells Fargo, in the wake of two Eastern District of Texas jury verdicts awarding the plaintiff a combined award in excess of $300M. The campaign, however, continues, with a two-venue dispute between USAA and PNC Financial Services expanding from four patents-in-suit, all held by USAA, to ten, two of the additional assets asserted in a new complaint filed against PNC and the four others asserted through PNC counterclaims pleaded along with an answer that the defendant filed in Texas.

Two Eastern District of Texas jury verdicts of willful infringement and a barrel full of posttrial briefs later, United States Automobile Association (USAA) and Wells Fargo have apprised District Judge Rodney Gilstrap that the parties have reached a settlement. On February 12, a stay was requested, to finalize matters, which will leave unanswered whether the court would have disturbed any of the two juries’ findings—or enhanced the large dollar damages awarded to USAA.