Schwab, Others Dropped From Aloft Software IP Suit

Law360, New York (May 18, 2010, 3:46 PM EDT) -- Aloft Media LLC has dropped investment services firms Charles Schwab & Co. Inc., Fidelity Brokerage Services LLC, TD Ameritrade Inc. and E-Trade Securities LLC from a patent infringement suit targeting a number of companies over collaborative decision-making software.

Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas on Monday dismissed with prejudice the claims against the four defendants following Aloft's notice to the court Friday that it was dropping its claims against those companies, which agreed to pay their own legal...
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