Bankrate Asks Court Again To Toss Antitrust Suit

Law360, New York (September 28, 2009, 5:00 PM EDT) -- Bankrate Inc. has asked a federal judge to reconsider throwing out a set of antitrust allegations made by its smaller rival BanxCorp claiming Bankrate unfairly monopolizes the market for bank rate listing tables, in light of the judge's recent order compelling BanxCorp to amend its insufficiently pleaded complaint for the fourth time.

The financial information aggregator asked Judge Susan D. Wigenton to reconsider its motion to dismiss in the U.S. District Court for the District of New Jersey Sept. 25.

Ever since the original complaint was...
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Case Information

Case Title

BANXCORP v. BANKRATE,INC.


Case Number

2:07-cv-03398

Court

New Jersey

Nature of Suit

Anti-Trust

Judge

Claire C. Cecchi

Date Filed

July 20, 2007

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