Automated Transactions Sues New York Community Bank

  • June 28, 2012

Automated Transactions [NPE] filed suit against New York Community Bank (NYCB), alleging that NYCB’s ATMs infringe 12 patents related to ATMs.  Automated Transactions has filed 13 prior suits since January 2006 against over 15 defendants.  David Barcelou is the named inventor on all of the patents-in-suit, which were assigned to Transaction Holdings in 2003.  According to the complaint, Automated Transactions is the exclusive licensee of the patents-in-suit.  6/20, Eastern District of New York, assigned to Judge Joanna Seybert and referred to Magistrate Judge Arlene R. Lindsay, 2:2012cv03070.


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