FlexShopper Files Patent Infringement Lawsuits Against Upbound Group, Inc. and Katapult Holdings, Inc.
FlexShopper, Inc. (FPAY)
NASDAQ:AMEX Investor Relations:
investors.flexshopper.com
Company Research
Source: GlobeNewswire
BOCA RATON, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), (“the Company”), a leading online lease-to-own retailer and payment solutions provider, has initiated legal action to defend its intellectual property. The Company has filed patent infringement lawsuits against Upbound Group, Inc. (Nasdaq: UPBD) (including its Acima subsidiaries) and Katapult Holdings, Inc., (Nasdaq: KPLT) alleging unauthorized use of FlexShopper's patented technologies. FlexShopper has retained the renowned law firm Quinn Emanuel Urquhart & Sullivan, LLP to represent it in these cases, which were filed in the U.S. District Court for the Eastern District of Texas. The lawsuits revolve around five key patents, granted between 2018 and the present, which protect FlexShopper’s computer-implemented lease-to-own (LTO) technology. The specific patents include US10282778B1, US10891687B2, US12067611B2, US10089682B1, and US11966969B2. “FlexShopper has invested heavily in creating an innov
Show less
Read more
Impact Snapshot
Event Time:
FPAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FPAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FPAY alerts
High impacting FlexShopper, Inc. news events
Weekly update
A roundup of the hottest topics
FPAY
News
- FlexShopper, Inc. (NASDAQ: FPAY) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $2.50 price target on the stock.MarketBeat
- FlexShopper Partners with Versatile Credit to Expand Merchant OpportunitiesGlobeNewswire
- FlexShopper to Present at H.C. Wainwright’s 26th Annual Global Investor ConferenceGlobeNewswire
- FlexShopper Partners with Terrace Finance to Expand Merchant OpportunitiesGlobeNewswire
- FlexShopper Partners with PayTomorrow to Enhance Consumer Payment OptionsGlobeNewswire
FPAY
Earnings
- 5/13/24 - Miss
FPAY
Analyst Actions
- 10/2/24 - HC Wainwright
FPAY
Sec Filings
- 9/9/24 - Form ARS
- 9/9/24 - Form DEF
- 8/29/24 - Form PRE
- FPAY's page on the SEC website