RealTime Strikes Again On Data Compression Patent

Law360, New York (May 13, 2010, 3:59 PM EDT) -- The litigation bonfire lit by RealTime Data LLC over its data compression patents has flamed up again, as the company launched a trio of infringement suits against the major stock exchanges, financial firms and financial news companies on the same day it was issued its latest patent.

The defendants' use of certain systems for electronic trading and market data receipt and delivery infringes on a RealTime patent that was not the subject of previous litigation, according to the suits filed Tuesday in the U.S. District Court...
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