Network-1 sues Citadel Securities and Jump Trading for HFT patent infringement

NETWORK-1 TECHNOLOGIES, INC.

Subsidiary HFT Solutions filed suit in Northern District of Illinois against Citadel Securities and Jump Trading.
Three patents asserted: U.S. Patent Nos. 10,931,286, 11,128,305, and 11,575,381, acquired in March 2022.
HFT patent portfolio now includes 11 issued U.S. patents and 2 pending applications, with terms expected through 2040.
Portfolio covers FPGA clock-domain management technology critical for low-latency high-frequency trading.
Company offers licensing to firms using FPGA systems for market making or proprietary trading.

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