Torus Ventures Campaign Begs the Question, Exactly How Many Financial Institutions Are There in Texas?
Plaintiff Torus Ventures LLC seems determined to find an answer, while this past Friday one of them, Dallas Capital Bank, filed a motion for judgment on the pleadings in the case that Torus Ventures brought against it last July. In it, Dallas Capital Bank argues that the claims of the sole asserted patent in this campaign is patent-ineligibly drawn, under Alice, to the abstract idea of “encrypting data that has already been encrypted”. So far in February 2025, Torus Ventures has asserted the same patent in more that 50 additional Eastern District of Texas complaints, bringing the total filed there to well above 100, a good number, but not all, of them against financial institutions.
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