CORRECTED: E-Trade Seeks Toss Of Constellation IP Suit

Law360, New York (June 22, 2011, 4:32 PM EDT) -- E-Trade Financial Corp. asked a Texas federal judge Tuesday to toss a suit alleging the online brokerage firm infringed a patent for creating sales presentations on websites held by Constellation IP LLC.

An agreed motion to dismiss the suit, filed in the Eastern District of Texas, follows a reexamination and rejection of contested claims of the patent at issue by a US Patent and Trademark Office examiner. The rejection was upheld by the patent office's appeals board.

The suit began in August 2007, when Constellation sued...
To view the full article, register now.