Island Intellectual Property LLC v. TD Ameritrade, Inc. et al, No. 2:21-cv-00273 (E.D. Tex. May 20, 2022)

From the Opinion

The passage below is extracted verbatim from the opening of the document. It has not been editorially summarized — consult the full opinion for the court's complete reasoning.

Plaintiff Island Intellectual Property, LLC, asserts claims from five United States patents against Defendants TD Ameritrade, Inc., TD Ameritrade Clearing, Inc., TD Ameritrade Company, TD Ameritrade Holding Corp., and The Charles Schwab Corporation. Generally, the patents relate to banking and account management. Four of the patents concern “computerized banking techniques” or “account transaction processing.” U.S. Patent 7,519,551 at 1:16–17; U.S. Patent 7,680,734 at 1:13–14; U.S. Patent 7,933,821 at 1:15–16; U.S. Patent 8,311,916 at 1:21– 22.