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Intellectual Ventures loses Capital One patent infringement suit

Alli Pyrah, New York

Intellectual Ventures lost its first patent litigation suit against the banking industry yesterday after a Virginia district court dismissed its case against Capital One

Intellectual Ventures, which is regarded by many as a patent troll, brought the suit against Capital One and some of its affiliated companies in June 2013. Capital One was one of five US banks being sued by Intellectual Ventures for...

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