RDN Exits Auto Repo Technology Antitrust Suit

Law360, New York (October 4, 2011, 8:46 PM EDT) -- Auto repossession technology companies MVConnect LLC and Recovery Manager Pro LLC on Monday dropped their antitrust claims against rival Recovery Database Network Inc.

The plaintiffs said they agreed to dismiss claims that RDN colluded with Digital Recognition Network Inc. to force the plaintiffs out of the business, as well as RDN's counterclaims, with prejudice. The order, signed by U.S. District Judge Royal Ferguson, did not discuss whether a settlement had been reached.

The plaintiffs' case against Digital Recognition Network is still going forward.

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Case Information

Case Title

MVConnect, LLC et al v. Recovery Database Network, Inc. et al


Case Number

3:10-cv-01948

Court

Texas Northern

Nature of Suit

Anti-Trust

Judge

Royal Furgeson

Date Filed

September 29, 2010

Law Firms

UK Financial Services

UK Financial Services

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