Intellectual Ventures' Patent Lawsuit Against Bank of America Dismissed by Federal Judge

Submitted by patentadmin on Mon, 03/10/2014 - 15:12

March 10, 2014 - A patent lawsuit accusing Bank of America (BofA) of infringing patents related to online billing has been dismissed by a U.S. District judge in North Carolina because plaintiff Intellectual Ventures (IV) did not include any facts to back up its claim that BofA knew that visitors to its website would be infringing IV's patents. IV originally filed suit against BofA and a handful of other banks in June 2013.