StoneX secures more time to respond to OANDA’s patent infringement allegations
The Court has agreed with StoneX to grant it extra 30 days to respond to OANDA’s patent infringement allegations.
The Court has agreed with StoneX to grant it extra 30 days to respond to OANDA’s patent infringement allegations.
Because StoneX was unaware of the patents before OANDA filed its lawsuit, StoneX will need more time to investigate them.
StoneX CEO Sean O’Connor released a letter to shareholders which included a review of the Gain Capital / FOREX.com acquisition.
StoneX will become Saracens’ main club sponsor and its home ground in London will be named StoneX Stadium.
City Index explains that, due to United States Executive Order 13959, restrictions have been placed on a number of stocks.
OANDA claims that the StoneX Trader platforms, the StoneX Select service and StoneX’s analysis tools infringe three of its patents.
The Board of StoneX authorized the repurchase of up to 1 million shares between December 23, 2020 and September 30, 2021.
The plan includes the transfer of assets, services and clients to StoneX Financial Germany GmbH and StoneX Financial Europe S.A.
During the fourth quarter, StoneX recognized a $81.8 million bargain purchase gain on the acquisition of Gain Capital.
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