In Appleby, TCAM Lawsuit, Appleby Is Three For Three
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The New York State Supreme Court on July 11 ruled on two more motions in the litigation between trading systems software vendors TCAM Systems Inc. and Appleby Technologies Inc. (ATI). The court rejected TCAM's motion to restrict ATI's sales efforts with an injunction -- which means that ATI can now sell to 80 securities firms to which it previously had been barred from selling until October. The court also allowed ATI to change the rationale behind its suit against TCAM -- from a claim that ATI
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