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Technology | 2010.02.24

Acacia Subsidiary Enters into Settlement Agreement Regarding Credit Card Fraud Protection Technology with Old Comp Inc.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq:ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into a settlement agreement covering a patent that applies to credit card fraud protection technology with Old Comp Inc. This resolves a dispute that was pending before the United States District Court for the Northern District of Georgia concerning Old Comp Inc. The expired patent asserted in this litigation generally relates to a com

 

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