Credit Suisse Trading Platform Infringes Betting Patents: Suit

Law360, New York (February 15, 2012, 9:27 PM EST) -- Regent Markets Group Ltd. struck Credit Suisse AG with a lawsuit in Texas on Tuesday, alleging that the financial services company's Merlin FX trading platform infringes three patents related to a fixed-odds betting system.

Regent, which bills itself as a leading international financial betting company, filed its suit against Zurich-based Credit Suisse in Texas federal court, seeking damages and injunctive relief.

Credit Suisse has and continues to infringe Regent's patents through its “manufacture, use, sale and/or offer for sale” of the Merlin FX platform, and also...
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