Technology | 2010.02.10
Acacia Subsidiary Enters into Settlement Agreements Regarding Credit Card Fraud Protection Technology with Diesel USA and Gymboree Retail Stores
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into settlement agreements covering a patent that applies to credit card fraud protection technology with Diesel USA, Inc. and Gymboree Retail Stores, Inc. This resolves a dispute that was pending before the United States District Court for the Northern District of Georgia concerning the companies listed above. The expired patent asse
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