TQP Sues Nine More Companies

  • February 9, 2012

TQP Development [NPE] filed nine separate suits against Branch Banking & Trust, British Airways, Esurance, Green Dot, KeyCorp, McAfee, Priceline.com, SVB Financial, and Wells Fargo, alleging that the defendants’ websites infringe a patent related to encrypted data transmission.  TQP, founded by Erich Spangenberg, has filed 13 previous suits since under its current name and seven suits under the names Telequip and The PACid Group.  Dozens of companies have settled with TQP for undisclosed amounts including Amazon, Apple, Comcast, and eBay.  2/8, Eastern District of Texas, 2:2012cv00053; 2:2012cv00054; 2:2012cv00055; 2:2012cv00056; 2:2012cv00057; 2:2012cv00058; 2:2012cv00059; 2:2012cv00060; 2:2012cv00061.


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