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Wells Fargo ordered to pay $102.8M for infringing USAA patents

Jan 14, 2020 - SNL Financial

A U.S. District Court jury in Marshall, Texas, awarded United Services Automobile Association $102.8 million after finding that Wells Fargo willfully infringed on certain of USAA's patents.

A U.S. District Court jury in Marshall, Texas, awarded United Services Automobile Association $102.8 million after finding that Wells Fargo & Co. willfully infringed on certain of USAA's patents.

The lawsuit alleged that Wells Fargo Mobile Deposit which allows its customers to deposit checks usi...