Ruling allows trade secrets and contract claims over fintech technology to proceed to trial.
A federal judge has denied Franklin Templeton’s attempt to reopen key defenses in a long-running lawsuit over blockchain technology, clearing the way for trade secrets and breach of contract claims to proceed to trial.
In an order issued this month, Magistrate Judge Thomas S. Hixson rejected a motion for reconsideration filed by Franklin Templeton and its affiliates, who sought to challenge prior rulings admitting testimony from the founder of a blockchain startup they acquired and striking portions of their own expert reports.
The dispute stems from Franklin Templeton’s 2019 acquisition of Onsa, a fintech firm developing…
