After numerous high-profile lawsuits against tech companies, a Bellevue-based patent company is now setting its sights on the financial industry.
On Tuesday, Intellectual Ventures announced it has filed lawsuits against two banks, JP Morgan Chase and Fifth Third Bank, for patent infringement. This is Intellectual Ventures’ second round of lawsuits targeting financial firms in the past week. On May 29, the company filed suit against First National Bank of Omaha and PNC.
“Under Washington law, is a consumer entitled to emotional distress damages when a fast-food employee spits in his or her hamburger even though the consumer did not eat the hamburger?” The Washington Supreme Court said Thursday that the answer may be yes.