February 5, 2021
In late January, Caselas, LLC, one of several entities controlled by prolific inventor Raymond Anthony Joao, filed separate Eastern District of Texas lawsuits against Austin Bancorp (Austin Bank) (2:21-cv-00016), BTH Bank (2:21-cv-00017), First Community Bancshares (2:21-cv-00030) Guaranty Bancshares (Guaranty Bank & Trust) (2:21-cv-00031), Telco Plus Credit Union (2:21-cv-00032), and Texana Bank (2:21-cv-00018). The plaintiff asserts in each complaint five patents, generally related to processing information related to an individual’s financial history (including “charge-backs”) prior to a transaction and transmitting it to the merchant, with the defendants accused of infringement through the provision of financial payment cards.