Judge Upholds Patents Aimed At Futures Traders

Law360, New York (January 5, 2006, 12:00 AM EST) -- Trading Technologies has prevailed over trading firm Rosenthal Collins Group LLC, after a judge upheld the validity of two patents the software vendor has used to successfully wring a slew of settlement agreements from major players in the futures industry.

U.S. District Court Judge James Moran in the Northern District Court in Illinois sided with TT, agreeing to toss out most counts in a countersuit brought by RCG. But the judge refused to dismiss separate allegations that TT is trying to abuse its patents to monopolize...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.