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Network-1 Launches New Campaign in Which Named Inventor Retains an Interest That Accelerates After the First $50M Recovered
New Patent Litigation
HFT Solutions, LLC, a wholly-owned subsidiary of publicly traded Network-1 Technologies, Inc., has filed separate Northern District of Illinois complaints against Citadel Securities (1:24-cv-13213) and Jump Trading (1:24-cv-13214) in which it alleges infringement of three patents generally related to processing data streams using a certain field programmable gate array system. Targeted is the provision or use of field programmable gate array “systems and platforms”, as well as trading systems and platforms that include FPGA boards (including those manufactured by AMD (Xilinx)).
December 30, 2024