CORRECTED: E-Trade Seeks Toss Of Constellation IP Suit

Law360, New York (June 22, 2011, 4:32 PM EDT) -- E-Trade Financial Corp. asked a Texas federal judge Tuesday to toss a suit alleging the online brokerage firm infringed a patent for creating sales presentations on websites held by Constellation IP LLC.

An agreed motion to dismiss the suit, filed in the Eastern District of Texas, follows a reexamination and rejection of contested claims of the patent at issue by a US Patent and Trademark Office examiner. The rejection was upheld by the patent office's appeals board.

The suit began in August 2007, when Constellation sued...
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