Industry News

Jury verdict: LendingTree infringed on patent

Company says verdict will 'have no meaningful effect'
Published on Jan 24, 2006

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by CareyBot

A U.S. District Court jury has found that LendingTree should pay $5.8 million in damages for infringing on a patent held by IMX Inc., a mortgage technology company. The Jan. 20 jury verdict followed a two-week trial. IMX had sought ...