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.