Defendant
3 cases as defendant.
Wells Fargo & Company (NYSE: WFC) is a multinational financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, it has grown to become one of the largest banks in the United States. As a public company, Wells Fargo reported revenue of approximately $82.3 billion for 2024 and employs around 217,000 people.
Wells Fargo is an operating company that provides a diversified set of banking, investment, and mortgage products and services. Its primary operations are divided into four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth & Investment Management. Specific offerings include checking and savings accounts, credit cards, personal and auto loans, home mortgages, investment products like stocks and bonds, and commercial finance.
Based on the provided data, Wells Fargo's patent litigation posture is that of an operating company defending its technology and business practices. The company has been a defendant in one tracked patent case and has not appeared as a plaintiff, a pattern typical of large technology-adopting corporations that are targets for patent assertions.
The single tracked case is Disintermedation Services Inc. v. Wells Fargo & Company, filed in the Delaware District Court on January 24, 2023. In this suit, Wells Fargo is a defendant. The plaintiff, Disintermedation Services Inc., is not an operating company and appears to be a patent assertion entity.
Patent infringement suit filed by Disintermedation Services Inc. against Wells Fargo & Company. The current status is not publicly available.
Patent infringement suit filed by Cyberfone Systems, LLC as part of its 2011 litigation campaign in the District of Delaware. The case is now terminated.
This case, filed against numerous defendants, saw many parties, including major banks, settle with DataTreasury over several years of proceedings.