Datatreasury Files New Suit against US Bancorp for Mobile Banking Application
- June 3, 2011
Datatreasury [NPE] filed a new patent suit against US Bancorp targeting a mobile banking application. 6/2, Eastern District of Texas, 5:2011cv00108. Datatreasury filed an earlier suit against US Bancorp in 2006. In March 2010, a jury returned a verdict in favor of Datatreasury and US Bancorp was ordered to pay $53 million to Datatreasury. A final judgment on post-verdict royalties is expected to be entered on June 16. Datatreasury filed this new action in response to a mobile banking application launched by US Bancorp in March.
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