Compass Bank prevails at PTAB and in Federal Circuit in IPRs challenging Intellectual Ventures patents
Clients Compass Bank
Jones Day, on behalf of Compass Bank, prevailed in three inter partes review (IPR) proceedings challenging patents asserted by Intellectual Ventures II LLC against numerous aspects of Compass Bank's online banking operations in a patent infringement lawsuit filed in June 2013. The three patents at issue relate to security certificate management, packet filtering, and intrusion detection. These successful IPR proceedings resulted in the Patent Trial and Appeal Board (PTAB) holding unpatentable all of the claims of these three patents that Intellectual Ventures had asserted in the district court litigation. Intellectual Ventures elected not to appeal one of the PTAB’s decisions, and Compass prevailed at the Federal Circuit in the two IPR decisions that Intellectual Ventures elected to appeal.
Intellectual Ventures II LLC v. Commerce Bancshares, Inc., No. 16-1519 (Fed. Cir.); Intellectual Ventures II LLC v. Compass Bank, No. 16-01416 (Fed. Cir.); Compass Bank v. Intellectual Ventures II, IPR Nos. 2014-00724, -00786 (PTAB); Commerce Bancshares, Inc. v. Intellectual Ventures II LLC, IPR No. 2014-00801 (PTAB)