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Intuit Files DJ against Joao Bock Transaction Systems

October 2, 2012

Intuit filed a complaint for declaratory judgment against Joao Bock Transaction Systems [NPE], seeking claims non-infringement and invalidity over three patents related to providing financial transaction authorization.  Joao Bock Transaction Systems has filed 11 prior suits against over 40 companies, including Charles Schwab, Comerica Bank, First National Bank, OptionsHouse, Scottrade, Sleepy Hollow Bank, and USAmeriBank since December 2003.  Joao Bock Transaction Systems has two regionally named affiliates, Joao Bock Transaction Systems of Texas and Joao Bock Transaction Systems of California.  Raymond Joao and Robert Bock are the named inventors on the patents-in-suit, which were assigned to Joao Bock Transaction Systems in December 2008.  10/1, Northern District of Illinois, no judge yet assigned, 1:2012cv07851.


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