SAN ANTONIO--(BUSINESS WIRE)--USAA has filed suit against Mitek Systems, Inc. for misappropriation of USAA’s proprietary information, breach of contract and fraud, among other claims. A copy of the complaint is linked below. Attribute the following statement to Paul Berry, USAA Spokesman:
“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. USAA filed this lawsuit to protect USAA members and our association.”
Facts about the lawsuit:
- Filed on March 29, 2012 in the US 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 – (210) 913-1562
About USAA
USAA provides insurance, banking, investment and retirement products and services to 8.8 million members of the U.S. military and their families. Known for its legendary commitment to its members, USAA is consistently recognized for outstanding service, employee well-being and financial strength. USAA membership is open to all who are serving or have honorably served our nation in the U.S. military – and their eligible family members. For more information about USAA, or to learn more about membership, visit usaa.com.
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To view the actual lawsuit please see the link below.
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