Trading Software Co. Calls Rival's Antitrust Claims 'Shaky'

Law360 (July 16, 2020, 7:30 PM EDT) -- A San Francisco-based software company asked a New York federal judge Wednesday to stay discovery as it prepares a motion to dismiss an investment management technology firm's "shaky" claims of antitrust and contract violations in its complaint.

Advent Software Inc. and its parent company, SS&C Technologies Holdings Inc., is planning to ask the judge to toss the complaint from Manhattan-based Arcesium LLC that alleges it blocked access to its software, violated its contract with the company and broke antitrust laws.

"A limited discovery stay pending resolution of SS&C's motion to dismiss is particularly appropriate in this case given the breadth of...

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