Ill. Judge Boosts Trading Tech's $6.6M Patent Win By $2M

By Dani Kass (January 13, 2022, 7:31 PM EST) -- An Illinois federal judge has tacked more than $2 million in prejudgment interest onto IBG LLC's $6.6 million bill for infringing two Trading Technologies patents.

U.S. District Judge Virginia M. Kendall said Tuesday that Trading Technologies is entitled to more than $2.1 million in prejudgment interest on top of the $6.6 million jury award, along with post-judgment interest. The ruling came four months after the trial over electronic stock trading methods ended.

In attempting to avoid prejudgment interest, IBG had argued that Trading Technologies had taken too long to file its suit, waiting more than six years after it became aware...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!