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Leveraged Innovations, LLC v. NASDAQ OMX Group, Inc. et al
Case Number:
1:11-cv-03203
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 20, 2012
Judge Hacks IP Claims Against ProShares ETF System
A New York federal judge ruled Friday that the bulk of Leveraged Innovations LLC's infringement claims against ProShares Advisors LLC over a patent for computer systems focused on exchange-traded funds were precluded by a 2003 settlement.
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May 16, 2011
Nasdaq, ProShares Sued Over ETF Patents
Leveraged Innovations LLC filed a lawsuit Wednesday against Nasdaq OMX Group Inc. and a unit of ProFunds Group in New York federal court, claiming they infringed patents for computer systems designed to create and exchange shares in leveraged exchange-traded funds.