Sonic Industry Continues Campaign against Banks and Credit Unions
Sonic Industry filed two separate suits against BMO Harris Bank and Citizens Equity First Credit Union, alleging that the defendants’ software applications for online and remote banking from a mobile device infringe a patent related to controlling inbound information based on defined parameters set on a remote device. Sonic Industry has filed 15 prior suits since December 2011 against banks and financial institutions including Bank of America, Capital One Bank, Charles Schwab, Comerica, Corventis, Firstrade Securities, HSBC Bank USA, OptionsHouse, Scottrade, SerSart, TradeKing, TradeMonster, US Bancorp,and Wells Fargo. According to USPTO records, the patent-in-suit is one of three patents assigned to an entity named Wilson Telemetry. According to the complaint, Sonic Industry is the exclusive licensee of the patent-in-suit. 11/27, Northern District of Illinois, no judge yet assigned, 1:2012cv09457, 1:2012cv09459.