Realtime Launches New Round Of Data Patent Suits

Law360, New York (August 18, 2010, 3:32 PM EDT) -- Realtime Data LLC has accused dozens of financial services, news and stock exchange companies — including Bank of America, Thomson Reuters Corp., CME Group Inc. and others — of infringement in the latest round of suits over its financial data compression products.

The trio of complaints, filed Tuesday in the U.S. District Court for the Eastern District of Texas by Sam Baxter of McKool Smith PC on behalf of Realtime Data, allege the companies infringed a Reatime Data patent for financial data compression products.

The complaints...
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