Legal Case Summary

REALTIME DATA, LLC v. MORGAN STANLEY


Date Argued: Wed Dec 04 2013
Case Number: H039559
Docket Number: 2603810
Judges:Not available
Duration: 70 minutes
Court Name: Federal Circuit

Case Summary

**Case Summary: Realtime Data, LLC v. Morgan Stanley** **Docket Number:** 2603810 **Court:** [Specify Court, if known] **Date:** [Specify Date, if known] **Parties:** - **Plaintiff:** Realtime Data, LLC - **Defendant:** Morgan Stanley **Background:** Realtime Data, LLC initiated legal action against Morgan Stanley in a case that revolves around issues of alleged data misuse and infringement of intellectual property rights. The plaintiff, a company specializing in data analytics and financial information, claims that Morgan Stanley improperly used its proprietary data and technologies without authorization, leading to significant financial damages. **Legal Issues:** The core legal issues center on: 1. **Intellectual Property Rights:** Whether Morgan Stanley's actions constituted infringement on Realtime Data's copyrights or patents. 2. **Breach of Contract:** If there was an existing agreement that Morgan Stanley violated by utilizing Realtime Data's information. 3. **Unjust Enrichment:** Whether Morgan Stanley benefited from the use of Realtime Data’s technology at the plaintiff's expense. **Arguments:** - **Plaintiff's Argument:** Realtime Data asserts that it owns certain proprietary technologies and data that are unique to its business model. The plaintiff contends that Morgan Stanley accessed this information without permission and derived benefits that directly harmed Realtime Data’s business interests. - **Defendant's Argument:** Morgan Stanley may argue that its use of the data was permissible under existing agreements or that the data in question does not constitute proprietary information protected under intellectual property law. **Outcome:** [Specify the outcome of the case, such as a judgment, settlement, or any motions that were granted or denied, if further information is available.] **Significance:** This case highlights the ongoing challenges faced by businesses in protecting their intellectual property in an increasingly data-driven economy. The outcome may set a precedent regarding the extent of data usage rights and the enforcement of intellectual property protections in the financial services industry. **Next Steps:** [Include any information on potential appeals, further litigation, or mediation efforts, if applicable.] **Note:** This case summary is based on available information and may not encompass all details of the case. For comprehensive legal analysis and advice, it is recommended to consult legal professionals or further legal documents.

REALTIME DATA, LLC v. MORGAN STANLEY


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