March 29, 2016
A Texas federal judge left in place a $12.2 million judgment against two founders of a stock trading firm that a jury found liable for stealing source code trade secrets from rival Quantlab Technologies Ltd., saying that he had already rejected several of the defendants' motions.
June 09, 2015
Stock trading firm Quantlab Technologies Ltd. on Monday urged a Texas federal judge to block two founders of rival firm SXP Analytics LLC from using Quantlab's trade secrets, saying the only arguments against such a ban are contradicted by scores of evidence.
June 04, 2015
An entrepreneur and attorney ordered to pay $5 million after being found liable for helping to misappropriate trade secrets from stock trading firm Quantlab Technologies Ltd. objected on Thursday to a permanent injunction proposal from the company, arguing that he doesn't know what it is the company is trying to stop him from possessing.
May 20, 2015
A Texas federal jury on Wednesday found a former employee of stock trading firm Quantlab Technologies Ltd. and one other liable for more than $12 million in damages for taking intellectual property and using inside knowledge when they formed rival firm SXP Analytics LLC.
May 05, 2015
SXP Analytics LLC and three former employees of stock trading firm Quantlab Technologies Ltd. agreed to pay $28.5 million to settle a suit accusing them of using Quantlab's intellectual property and inside knowledge to form SXP, as two co-defendants proceeded with the trial, according to Texas federal court filings.
April 15, 2015
A Texas federal judge on Tuesday denied a motion to dismiss Computer Fraud and Abuse Act claims brought against former Quantlab Technologies Ltd. employees who allegedly used the company's intellectual property and inside knowledge to form a competitor.
July 05, 2012
A Texas federal judge on Tuesday threw out all but one counterclaim filed by a Quantlab Technologies Ltd. competitor being sued by the stock trading company for allegedly stealing proprietary software that cost $100 million to develop.