financetom
Business
financetom
/
Business
/
Insight Acquisition's Merger Target Alpha Modus Files Patent Infringement Lawsuit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Insight Acquisition's Merger Target Alpha Modus Files Patent Infringement Lawsuit
Nov 15, 2024 11:06 AM

10:47 AM EST, 11/15/2024 (MT Newswires) -- Insight Acquisition's ( INAQ ) merger target Alpha Modus said Friday that it has filed a lawsuit against Brookshire Grocery alleging infringement of several patents covering data-driven technologies for retail marketing and advertising.

The company said its patents include the capability for real-time analysis of consumer behavior and product interactions.

The complaint was filed on Nov. 12 in the US District Court for the Eastern District of Texas, the company added.

Brookshire didn't immediately respond to MT Newswires' request for comment.

Insight Acquisition ( INAQ ) shares were up more than 7% in recent trading.

Price: 11.00, Change: +0.77, Percent Change: +7.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Johnson & Johnson to Pay $75 Million to Settle Mississippi Lawsuit Over Baby Powder
Market Chatter: Johnson & Johnson to Pay $75 Million to Settle Mississippi Lawsuit Over Baby Powder
Mar 28, 2024
12:03 PM EDT, 03/28/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) will pay $75 million to settle a lawsuit accusing it of failing to warn consumers about the alleged cancer risks of the company's talc-based baby powder over a period of almost 50 years, Bloomberg reported Thursday, citing unnamed sources. The plaintiff, the state of Mississippi, had sought...
Moody's Reports Withdrawal of Secure's Ratings Following Notes Repayment
Moody's Reports Withdrawal of Secure's Ratings Following Notes Repayment
Mar 28, 2024
12:02 PM EDT, 03/28/2024 (MT Newswires) -- Moody's said Wednesday that it has withdrawn all ratings for Secure Energy Services Inc. ( SECYF ) . The withdrawn ratings include the Ba3 corporate family rating, Ba3-PD probability of default rating, the B2 senior unsecured notes ratings, and B1 senior secured second lien notes rating. The rating agency has also withdrawn the...
BRIEF-Ming Shing Group Holdings Ltd Says Now Sees U.S. IPO Of Up To 1.25 Mln Ordinary Shares
BRIEF-Ming Shing Group Holdings Ltd Says Now Sees U.S. IPO Of Up To 1.25 Mln Ordinary Shares
Mar 28, 2024
March 28 (Reuters) - Ming Shing Group Holdings Ltd : * MING SHING GROUP HOLDINGS LTD SAYS NOW SEES U.S. IPO OF UP TO 1.25 MILLION ORDINARY SHARES - SEC FILING * MING SHING GROUP HOLDINGS LTD SAYS IT HAD PREVIOUSLY EXPECTED U.S. IPO OF UP TO 3.75 MILLION ORDINARY SHARES * MING SHING GROUP HOLDINGS LTD SAYS IT ADDS...
Update: STLLR Gold Rises 5% As Details Latest Assays From Tower Gold Project
Update: STLLR Gold Rises 5% As Details Latest Assays From Tower Gold Project
Mar 28, 2024
11:31 AM EDT, 03/28/2024 (MT Newswires) -- STLLR Gold Inc. ( STLRF ) reported Thursday the remaining assays from the infill and confirmatory drilling program at the Jonpol deposit within the Garrison (Eastern) area of the Tower gold project in Ontario. Results include 1.19 g/t gold over 23.00 meters, including 6.05 g/t gold over 2.00 meters, and 2.09 g/t gold...
Copyright 2023-2026 - www.financetom.com All Rights Reserved