RealTime Continues Data Patent Litigation Rampage

Law360, New York (July 28, 2009, 6:58 PM EDT) -- After accusing the major stock exchange companies and financial news organizations last week of infringing several data compression patents, RealTime Data LLC has broadened a companion action against leading investment banks, including Goldman Sachs & Co. and Morgan Stanley & Co. Inc.

The amended complaint, filed Monday in the U.S. District Court for the Eastern District of Texas, added numerous of the banks’ subsidiaries to the ranks of defendants named last week when RealTime unleashed several infringement actions against information powerhouses that included Bloomberg LP, as...
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