Financeware Sues Ubs For Patent Infringement - InvestmentNews

Financeware Inc., the parent of Wealthcare Capital Management IP, LLC, has filed suit against UBS Financial Services Inc. alleging patent infringement by UBS Financial Services Inc. The suit, filed in the U.S. District Court for the Southern District of New York, charges that UBS infringed on Wealthcare's patented financial advice process and methodology “without agreement or compensation.” Wealthcare's two patents (Nos. 7,765,138 and 7,991,675)...