MarketDial Wins Lawsuits Filed Against Them By Mastercard Subsidiary
Portfolio Pulse from Benzinga Newsdesk
MarketDial has won two lawsuits filed by a Mastercard subsidiary, Applied Predictive Technologies, over patent infringement and trade secret misappropriation. The court ruled that the technology was not patentable and no trade secrets were identified.
August 20, 2024 | 6:30 pm
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Mastercard's subsidiary lost two lawsuits against MarketDial, as the court ruled the technology was not patentable and no trade secrets were identified.
The lawsuits' outcome is a legal setback for Mastercard's subsidiary, but it may not significantly impact Mastercard's stock price in the short term as the ruling does not directly affect Mastercard's core operations or financials.
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