TJX is sued over gift card processing
Card Activation Technologies Inc. said in a press release today that it has filed a lawsuit against TJX Cos. of Framingham for the violation of a patent that covers the way TJX activates and processes gift cards.
Chicago-based Card Activations, the owner of a proprietary patented payment transaction technology, said the lawsuit is the seventh it has filed in the past two years; other retailers that the company said it is suing include Sears Holding Corp., Walgreen Co., and Barnes and Noble Inc.
TJX, which operates a number of retail chains that sell apparel and home fashions, including T.J. Maxx, Marshalls, and HomeGoods, said it does not comment on pending litigation.
In a US District Court in Chicago, Card Activation said it filed a lawsuit against TJX Nov. 6 as it seeks a royalty payment from TJX and an injunction to halt the further use of gift cards until TJX obtains a license.
(By Chris Reidy, Globe staff)