USAA and Wells Fargo Settle Mobile Banking Dispute

  • February 21, 2021
  • Category: In Case You Missed It
    Market Sector: Financial Services

Two Eastern District of Texas jury verdicts of willful infringement and a barrel full of posttrial briefs later, United States Automobile Association (USAA) and Wells Fargo have apprised District Judge Rodney Gilstrap that the parties have reached a settlement. On February 12, a stay was requested, to finalize matters, which will leave unanswered whether the court would have disturbed any of the two juries’ findings—or enhanced the large dollar damages awarded to USAA.

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