Attempted Turn to Texas in Prior Financial Services Campaign Raises Questions

  • October 29, 2021
  • Category: New Patent Litigation, TPLF
    Market Sectors: E-Commerce and Software, Financial Services
    Tag: TPLF

Authwallet LLC—an entity created in Illinois in May 2020—has been litigating a portfolio of financial transaction processing patents since June of that year, in past cases against American Express, Citigroup, and Visa and in an active suit against Square. However, an “Authorization Wallet LLC”, pleading that it is a Texas LLC, has just attempted to assert the patent that currently available USPTO records suggest is still held by the Illinois Authwallet and that the current docket in the Square case indicates remains in suit there. The new defendants are retailers Nordstrom (6:21-cv-01120) and Starbucks (6:21-cv-01123). However, Texas state records raise an additional question about the status of this new “Authorization Wallet”: whether it exists.


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