Bloomberg Law
May 13, 2022, 11:53 PMUpdated: May 14, 2022, 12:54 AM

PNC Owes USAA $218 Million Over Mobile Check Deposit Patents (1)

Matthew Bultman
Matthew Bultman
Laurel Brubaker Calkins

A federal jury decided PNC Bank N.A. owes over $218 million for infringing United Services Automobile Association‘s patented mobile-check deposit technology, continuing USAA’s run of success enforcing its patents in Eastern Texas.

A federal jury in the U.S. District Court for the Eastern District of Texas delivered a verdict late Friday, awarding USAA $218.45 million, according to Judge Rodney Gilstrap, who oversaw the case. The trial began Monday at a Marshall, Texas, courthouse.

Jurors also found PNC’s infringement was willful, which allows Gilstrap to potentially increase the damages award up to three times.

Nathan McKinley, USAA’s vice president of ...

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