Scottrade Settles EMG Touch-Screen Patent Suit

Law360, New York (July 13, 2010, 5:58 PM EDT) -- Online brokerage Scottrade Inc. has reached a deal to settle an infringement suit brought by EMG Technology LLC over patents on technology that combines touch screens and wireless devices.

The two have reached a confidential settlement, and EMG's case against Scottrade will be dismissed with prejudice, Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas said in an order issued Monday.

The order did not reveal the specifics of the agreement, but each party will bear its own costs, Judge Davis...
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