NYT, Dow, Others Cut From LendingTree Antitrust Suit

Law360, New York (February 9, 2011, 6:01 PM EST) -- A federal judge has dropped a slew of major media companies, including Dow Jones & Co. Inc. and the New York Times Co., from a suit accusing LendingTree LLC and others of running an online bank-rate market cartel.

Judge Susan D. Wigenton of the U.S. District Court for the District of New Jersey granted the media businesses' motions to dismiss but refused to do the same for LendingTree, ruling Monday that BanxCorp had adequately laid out the details of the company's alleged antitrust conspiracy with Bankrate...
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