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LSEG–MayStreet lawsuit may have precedent in Delaware court

Lawyers for Patrick Flannery argue that a recently settled case in Delaware sets precedent for his ongoing battle with the exchange group.

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As Judge Meghan Adams considers the London Stock Exchange Group (LSEG)’s motion to dismiss a lawsuit against it, lawyers for the plaintiff, MayStreet’s Patrick Flannery, have filed new documents to support the suit’s merits.

Flannery’s lawyers filed a plaintiff’s note of supplemental authority this week, arguing that a recent post-trial opinion addressing liability and damages in Delaware’s Court of Chancery is relevant to the court’s consideration of dismissal. The other case, referred to as In

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