On June 9, 2020, the Patent Trial and Appeal Board (PTAB) instituted trial on all challenged claims in an IPR filed by Unified against U.S. Patent 8,590,940, owned and asserted by Lighthouse Consulting Group, an NPE. The ‘940 patent is directed to image-based check depositing technology. Lighthouse has thus far asserted this patent over 30 times since July and over 20 of those cases are still active (not including multiple DJ actions). The defendants in these cases are primarily banks and financial services companies such as Wells Fargo, Citigroup, Charles Schwab, AMEX, Bank of America, Capital One, Morgan Stanley, Ally Financial, JP Morgan, and BB&T. Wells Fargo also filed an IPR petition challenging claims of this patent in April.

Unified is represented by Raghav Bajaj at Haynes and Boone in this proceeding. View Lighthouse's district court litigation. To read the petition and view the entire case proceeding, see Unified's Portal.