September 28, 2010
NP represents DataTreasury Corp. in its ongoing litigation against U.S. Bank NA.
Judge David Folsom of the U.S. District Court has found that U.S. Bank should pay double a jury’s award of nearly $27 million in the suit brought by DataTreasury alleging the bank infringed two patents related to digital check imaging and storage.
Judge Folsom granted part of DataTreasury’s motion for enhanced damages to effectively punish U.S. Bank in light of the jury’s willful infringement finding.
The jury issued a $26.6 million verdict in March against U.S. Bank and co-defendant Viewpointe Archive Services LLC.