---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000944"
form_type: "8-K"
ticker: "NTIP"
cik: "0001065078"
company_name: "NETWORK-1 TECHNOLOGIES, INC."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T22:58:46.296026+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001072613-24-000944
- form_type: 8-K
- ticker: NTIP
- cik: 0001065078
- company_name: NETWORK-1 TECHNOLOGIES, INC.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065078/000107261324000944/0001072613-24-000944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065078/000107261324000944/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000944
- JSON: https://secwatch.observer/filing/0001072613-24-000944.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000944.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.