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Court rules in retailers' favor in gift card suit

6/22/2008

WASHINGTON According to a Reuters report, a court ruled in favor of Best Buy, Circuit City and other retailers over a lawsuit involving gift cards.

The U.S. District Court for the Western District of Texas ruled that the retailers had not infringed on Realsource's patent for its method of putting value on gift cards. The U.S. Court of Appeals for the Federal Circuit agreed.

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