Apple is seeking to have a racketeering lawsuit dismissed, claiming they did not steal technology to create Apple Pay. The case could be transferred to a Texas judge. Fintiv, the accuser, alleges Apple misappropriated technology for Apple Pay, benefitting credit card issuers and payment networks. Apple argues Fintiv waited too long to pursue claims.
Fintiv, based in Austin, Texas, accuses Apple of stealing technology they once sought to license. Apple Pay is used in millions of devices. Fintiv claims racketeering due to Apple’s fees benefiting credit card issuers and payment networks. Apple argues Fintiv waited too long to pursue claims and failed to show a pattern of racketeering.
Apple is seeking a dismissal of the case or for it to be transferred to a Texas judge for efficiency. Fintiv is appealing the dismissal of its patent case. Judge Albright, once favored by plaintiffs in patent cases, no longer oversees a large percentage of such cases. New cases are randomly assigned to judges in his district. The case is Fintiv Inc v Apple Inc, No. 25-04413.
Read more at Yahoo Finance: Apple seeks to end Apple Pay trade secrets lawsuit
