NPE Sues Eight Financial Institutions
- September 27, 2011
Realtime Data [NPE] filed suit against BNY ConvergEx, Credit Suisse, Goldman Sachs, HSBC Bank, J.P. Morgan, Morgan Stanley, SWS Group, and Southwest Securities over four patents related to data compression products and services. This case is a transfer from the Eastern District of Texas. Realtime Data has filed over 10 prior suits against over 50 defendants. James Fallon is the CEO and Chairman of Realtime Data as well as the named inventor on all of Realtime Data’s patents. 9/26, Southern District of New York, 1:2011cv06696.