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Those Additional Georgia LLCs Holding Former IV Patents Go After Companies with Public Websites

March 20, 2022

In early February, RPX covered the recordation of the assignment of multiple patent portfolios from Intellectual Ventures LLC (IV) to a set of recently formed NPEs with apparent ties to Atlanta-based patent monetization firm IPInvestments Group LLC (d/b/a IPinvestments Group). Two of those recipient Georgia LLCs have now filed suit: Advanced Transactions, LLC hitting Belk (6:22-cv-00176) over the provision of a wide variety of products and services, including its marketing email system, online banking system, mobile apps, gift and reward cards, e-commerce website, in-store and online shopping services, and payment processing services, as well as related hardware and software products; and Alto Dynamics, LLC hitting Redfin (2:22-cv-00064) over the provision of its website, targeting features related to data collection, user login, and search functionalities.


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