IDI, Inc. (IDI) Receives Unfavorable Court Decision in TransUnion Patent Spat
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IDI, Inc. Announces Ruling in TransUnion Litigation
August 19, 2016 6:55 AM EDTBOCA RATON, Fla.--(BUSINESS WIRE)-- IDI, Inc. (NYSE MKT: IDI), a data and analytics company, today announced that on August 18, 2016, the United States Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, issued an order in the Companys pending litigation with TransUnion Risk and Alternative Data Solutions, Inc. (TransUnion) regarding a dispute over ownership of certain intellectual property previously created by IDI Chief Science Officer Ole Poulsen and currently being used to power TransUnions competitive product. The litigation relates to certain intellectual property created by Mr. Poulsen as... More
