Network-1 Commences Patent Litigation against Citadel Securities and Jump Trading [Yahoo! Finance]
Network-1 Technologies, Inc. (NTIP)
NASDAQ:AMEX Investor Relations:
ir.network-1.com
Company Research
Source: Yahoo! Finance
today that its wholly-owned subsidiary, HFT Solutions Technologies, LLC ("HFT"), has initiated patent litigation against Citadel Securities, LLC ("Citadel") and Jump Trading, LLC ("Jump") in the United States District Court for the Northern District of Illinois for infringement of U.S. Patent No. 10,931,286, U.S. Patent No. 11,128,305, and U.S. Patent No. 11,575,381 (collectively, the "Patents-in-Suit"). The Patents-in-Suit are part of the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portfolio"). The HFT Patent Portfolio relates to, among other things, technologies used by firms engaged in high frequency trading activities that utilize field-programmable gate array (FPGA) hardware, including clock domain management technology that provides critical transaction latency gains in trading systems where the difference between success and failure may be measured in nanoseconds. The HFT Patent Portfolio now includes eleven (11) issued U.S. patents an
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NTIP
News
- Network-1 Commences Patent Litigation against Citadel Securities and Jump TradingAccesswire
- Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 55 Patents Worldwide [Yahoo! Finance]Yahoo! Finance
- Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 55 Patents WorldwideAccesswire
- Network-1 Technologies GAAP EPS of -$0.01 [Seeking Alpha]Seeking Alpha
- Network-1 Reports Third Quarter ResultsAccesswire
NTIP
Sec Filings
- 12/26/24 - Form 8-K
- 12/16/24 - Form 8-K
- 12/13/24 - Form 8-K
- NTIP's page on the SEC website