Litigation

AuthWallet, LLC v. First Citizens Bancshares (First Citizens Bank)

6:23-cv-00144

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Court: U.S. District Court for the Western District of Texas
Filed: 2023-02-22

Patents at issue (1)

Plaintiffs (1)

π AuthWallet, LLC

Defendants (1)

Δ First Citizens Bancshares (First Citizens Bank)

Summary

AuthWallet sued First Citizens Bancshares (First Citizens Bank) for infringement related to US 8,099,368. The case outcome was not verified.

Case overview & background

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Plaintiff representatives

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Record id: 8099368-6-23-cv-00144 · edit in Admin

Further reading

How to obtain a patent
The USPTO process takes 2-3 years and costs $10,000-$15,000. The patent that comes out the other end is only as valuable as your willingness to spend much more enforcing it.
The America Invents Act (2011)
The AIA was the structural reform that gave defendants modern tools — IPR, broader prior art, joinder limits. The unfinished work is cost: AIA didn't make defense free, it made defense possible.
KSR International v. Teleflex (2007)
Pre-KSR, an obviousness rejection required explicit teaching, suggestion, or motivation in the prior art. Post-KSR, common sense, design needs, and predictable variations all do the work — and most patents don't survive.
How patent trolls operate (and why the business model works)
A junk patent generates settlement income exactly the same way as a strong one, because nobody pays $1M to test a $200k demand. The mechanics matter because the failure modes — what makes assertion campaigns expensive or risky for the troll — are exactly where defendants find leverage.
Cost of Inter Partes Review (IPR): a 2026 breakdown
An IPR ends most cases when the prior art is real. The all-in cost is roughly a tenth of full litigation — but only if you stage it right.

All resources →