Leighton Technologies LLC
v. On Track Innovations, Ltd. et. al.
Complaint for Patent Infringement
Civil Action No. 1:13-cv-08037-UA; no judge yet assigned.
Filed on Nov. 12, 2013 in the U.S. District Court for the Southern District of New York;
Kheyfits & Maloney LLP; New York, NY
Dmitriy A. Kheyfits
Michael James Maloney
On Track Innovations
This lawsuit will either be dropped or On Track Innovations will have to pay for a license to Leighton Technologies. Not really a reason for concern. What will determine if this stock falls or climbs will be their quarterly report next week. I like the products they offer but they may be early in the market and could take a while to really shape up.