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Monday, April 02, 2012
(USAA)
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USAA has filed suit against Mitek Systems, Inc. for misappropriation of USAA's proprietary information, breach of contract and fraud, among other claims.
USAA spokesman Paul Berry says, "USAA invented remote deposit capture technology to meet the needs of our highly mobile military membership, enabling them to deposit checks with a scanner or smartphone wherever they may be stationed. USAA has invested substantial time and money in the development and implementation of an invention which has revolutionized the banking industry."
"Mitek misappropriated USAA's proprietary and confidential information while working under contract for USAA, and then took numerous steps to claim it as its own," says Berry. "USAA filed this lawsuit to protect USAA members and our association."
Facts about the lawsuit:
* Filed on March 29, 2012 in the U.S. Federal Court, Western District, in San Antonio, Texas.
* USAA is represented by Larry Macon of Akin, Gump, Strauss, Hauer & Feld, LLP.
* For more information, please contact Paul Berry at USAA, 1-210-913-1562.
Read USAA's complaint
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