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...
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