Ballys Claims Against Int'l Game Tech (IGT) Dismissed
Tweet Send to a FriendGet Alerts IGT Hot Sheet
Price: $17.14 -1.38%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.1%
Revenue Growth %: +10.9%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.1%
Revenue Growth %: +10.9%
Trade IGT Now!
International Game Technology (NYSE: IGT) announces the dismissal of claims brought against it by Ballys have been dismissed by United States District Court Judge Robert C. Jones of the District of Nevada.
From the release:
"This lawsuit was originally filed in December 2004, and involved claims that Bally Technologies Corporation (formerly Alliance Gaming Corporation), Bally Gaming International, Inc. and Bally Gaming, Inc. infringed six IGT patents. Most of the patent claims had been previously dismissed. Bally had alleged that by asserting these patents IGT was attempting to monopolize the market. These antitrust claims were dismissed in the order issued on November 29, 2010."
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
From the release:
"This lawsuit was originally filed in December 2004, and involved claims that Bally Technologies Corporation (formerly Alliance Gaming Corporation), Bally Gaming International, Inc. and Bally Gaming, Inc. infringed six IGT patents. Most of the patent claims had been previously dismissed. Bally had alleged that by asserting these patents IGT was attempting to monopolize the market. These antitrust claims were dismissed in the order issued on November 29, 2010."
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Ackman's Pershing Square Says Herbalife (HLF) Refuses to Release Sales Data, Calls for Probe
- IGT’s DoubleDown Casino Bets on PlayPhone
- SolarCity (SCTY) Files $175M Convertible Senior Notes Shelf
Create E-mail Alert Related Categories
Corporate News, LitigationLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

