Newkirk Wins Patent Infringement Claim

April 8, 2009 (PLANSPONSOR.com) - A Boston federal court jury has turned aside NewRiver's patent infringement lawsuit against Newkirk.

A Newkirk news release about the jury decision said NewRiver had contended that ¬† Newkirk’s EDGAR-View service infringed on a NewRiver patent that serves as the basis for NewRiver’s ProspectusExpress service.

According to the announcement, the jury found Newkirk had not infringed on any remaining valid claims and also rejected NewRiver’s position that Newkirk had breached an earlier contract¬† between the two companies when Newkirk developed and sold its EDGAR-View service.

“Naturally, we’re very pleased with the outcome,” said James Salada, Newkirk’s general counsel.

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