An attorney representing Rosenthal Collins Group (RCG) has
accused Trading Technologies (TT) of hiding important prior art
evidence from the US Patent and Trademark Office to get its
In court transcripts obtained by FO Week, Geoffery
Baker, one attorney representing RCG and the most aggressive in
terms of presenting a prior art argument during his
presentation, said that a working version of the WIT Capital
System was around in October 1998. He alleged that it was
conceived well before the MD Trader drawing by TT CEO Harris
Brumfield. A rough drawing of the MD Trader concept by
Brumfield presented to the court was dated September 1998.
"[TT] didn't show the patent office that they knew about the
WIT Digital Stock Market ," Baker said. "How did they know
about it? Because they tried to buy it."
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