Kohl's settles patent dispute
The Business Journal of Milwaukee - 11:32 AM CDT Tuesday, September 11, 2007
Kohl's Department Stores Inc. has settled a patent infringement dispute with a unit of Acacia Research Corp. by agreeing to a retroactive license for credit card fraud protection technology.
Financial Systems Innovation L.L.C., a wholly owned affiliate of Acacia Research Corp., of Newport Beach, Calif., had sued Menomonee Falls-based Kohl's alleging infringement of Financial System's patent related to the technology. The retroactive license agreement resolves a dispute that was pending before the U.S. District Court for the Northern District of Georgia, Acacia said Tuesday.
