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Charles Schwab exits patent dispute brought against several financial institutions in E.D. Tex.

February 2023

Client(s) Charles Schwab Corporation, The

Jones Day defended Charles Schwab & Co. against patent infringement claims brought against several financial institutions in the Eastern District of Texas before Judge Rodney Gilstrap. The dispute involved a patent related to automated voice response (AVR) for customer assistance. The case was successfully resolved through settlement.

Parus Holdings, Inc. v. Charles Schwab Corporation, No. 2-21-cv-00393 (E.D. Tex.)

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