SEATTLE--(BUSINESS WIRE)--Hagens Berman has filed two lawsuits on behalf of Nevada-based Integrated Technological Systems, Inc. (ITS) alleging that two major providers of prepaid debit cards, Green Dot (NYSE:GDOT) and NetSpend (NASDAQ GS:NTSP) are infringing an ITS patent on a system and method for transfers between prepaid debit cards.
“We hope to serve the public interest by protecting the rights of inventors who otherwise might find it impossible to challenge large companies with a deep bench of legal talent.”
According to the complaint, Green Dot uses its infringing system to effect transfers from its MoneyPak Card to Green Dot and various other prepaid debit cards. NetSpend, likewise, uses its infringing system to effect transfers between its customers’ NetSpend’s General Purpose Renewable (GPR) prepaid debit cards.
Hagens Berman attorneys believe that these programs infringe Patent No. 7,912,786, which is owned by Nevada technology company Integrated Technological Systems. The ‘786 patent is entitled “Integrated Technology Money Transfer System.”
“We are confident that the court will agree with us that the ‘786 patent clearly covers the programs operated by both defendants,” said Steve Berman, managing partner for Hagens Berman. “We hope to quickly move this case to discovery and ultimately, to trial.”
The cases, filed in the United States District Court for the District of Nevada, ask the court for a permanent injunction preventing infringement of the patent in the future. The complaints also ask the court to award damages for the infringement.
Hagens Berman launched its intellectual property practice group last March. Berman believes the firm’s past successes in class-action litigation can be translated into success in intellectual property work.
“Our mission is to represent plaintiffs, including consumers, whistleblowers, investors, workers and now inventors and small companies who have been harmed by large corporations,” said Berman. “We hope to serve the public interest by protecting the rights of inventors who otherwise might find it impossible to challenge large companies with a deep bench of legal talent.”
More about the cases, including the complaints can be found at www.hbssip.com/cases/Greendot.
Seattle-based Hagens Berman Sobol Shapiro LLP is a class-action law firm with offices in 10 cities. The firm represents consumers, whistleblowers, investors, workers and inventors in complex litigation. More about the law firm and its successes can be found atwww.hbsslaw.com. The firm’s intellectual property page is located at www.hbssip.com.
