New NPE, Leveraged Innovations, Sues NASDAQ and ProShares

  • May 16, 2011

Leveraged Innovations [NPE] filed suit against NASDAQ and ProShares over two patents related to computer systems for creating and exchanging shares in leveraged ETFs.  5/11, Southern District of New York, 1:2011cv03203.  This is a first time suit by Leveraged Innovations.  The patents-in-suit were assigned by the inventor, Kenneth Kiron, in February 2011.


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