Friday, 31 January 2014 10:21
A couple of local men are going toe-to-toe in federal court in St. Louis. At the heart of the issue is a patent infringement lawsuit against payments startup Square Inc.
According to the St. Louis Post Dispatch, the suit reflects a long-simmering legal battle over Square's technology.
Robert Morley, an associate professor in Washington University’s engineering department, is suing Square and its co-founders Jack Dorsey and Jim McKelvey, claiming that he was unfairly cut out of the Square enterprise after developing key software.
Square is a small plastic device that plugs into mobile devices including smartphones and iPads and processes credit card transactions.
Morley alleges breach of fiduciary duty, patent infringement and fraud against Square and its co-founders.
Morley seeks an unspecified amount of damages.
Published in Local News