Automated Transactions Sues Southbridge Savings Bank
- November 29, 2012
Automated Transactions filed suit against Southbridge Savings Bank and its holding company Green Valley Bancorp, alleging that the defendants’ ATMs infringe 12 patents related to automated teller machines. Automated Transactions has filed over 15 prior suits since January 2006 against more than 20 banks and financial services companies. David Barcelou is the named inventor on all of the patents-in-suit, which he assigned to Transaction Holdings in 2003. According to the complaint, Automated Transactions is the exclusive licensee of the patents-in-suit. 11/27, District of Massachusetts, assigned to District Judge Timothy S. Hillman, 4:2012cv12194.