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  • Jury Rules Against TREE In Patent Suit Vs Zillow 0 comments
    Mar 12, 2014 2:16 PM | about stocks: TREE, Z

    LendingTree (NASDAQ:TREE) sued Zillow (NASDAQ:Z) for patent infringement in US District Court, North Carolina. The case went to the jury this week.

    This afternoon, a jury in Charlotte NC returned a verdict against TREE and in favor of Z.

    This means that TREE lost its patent suit against Z, a key competitor in the online marketplace for online mortgages marketplace.

    Disclosure: I am short TREE.

    Stocks: TREE, Z
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