litigation
confidence high
sentiment neutral
materiality 0.30
Network-1 subsidiary dismisses patent lawsuit against Jump Trading without prejudice
NETWORK-1 TECHNOLOGIES, INC.
- HFT Solutions, LLC dismissed without prejudice its patent infringement lawsuit against Jump Trading, LLC in the Northern District of Illinois.
- The lawsuit involved certain patents within Network-1's HFT patent portfolio.
- Network-1 may revisit potential IP causes of action against Jump and others depending on future developments.