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Trading Technologies Int’l v. CQG et al.

Secured a favorable outcome for international charting and trading software leader CQG LLC, in a nationally-prominent patent infringement action brought by Trading Technologies involving patents directed to graphical user interfaces for trading commodities. Following a three-week jury trial in the Northern District of Illinois, the jury found that CQG did not indirectly infringe, infringe under the doctrine of equivalents, or willfully infringe the asserted patents, and awarded only $15.8 million in reasonable royalty damages when TT originally sought $783 million.
Secured a favorable outcome for international charting software leader CQG LLC, in a nationally prominent patent-infringement action brought by Trading Technologies International involving patents directed to graphical user interfaces for displaying market information associated with trading commodities. Following a three-week jury trial in the United States District Court for the Northern District of Illinois, the jury found that CQG did not indirectly infringe, infringe under the doctrine of equivalents, or willfully infringe the asserted patents, and awarded only $15.8 million in reasonable royalty damages when TT sought $783 million. Loeb has also represented CQG before the United States Court of Appeals for the Federal Circuit in two separate appeals against TT involving motions for stay pending Covered Business Method Review (CBMR) proceedings under the American Invents Act. Both appeals arose from the United States District Court for the Northern District of Illinois. We also represent CQG before the United States Patent and Trademark Office in proceedings involving petitions for Covered Business Method Review (CBMR).