$500M Telecom Antitrust Suit Goes To 2nd Circ.

Law360, New York (January 6, 2011, 1:54 PM EST) -- A patent-holding company has appealed a judge's decision to dismiss its $500 million antitrust suit accusing telecommunications giants Verizon Communications Inc., Cisco Systems Inc. and Ericsson Inc. of conspiring to bully small patent owners and licensors out of business.

Siti-Sites.com Inc. filed the appeal in the U.S. Court of Appeals for the Second Circuit on Wednesday, one week after Judge Denise Cote of the U.S. District Court for the Southern District of New York tossed the case. Judge Cote ruled that Siti lacked standing to bring...
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