Last updated on April 17, 2014 at 1:21 EDT

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2012-01-20 15:00:00

DALLAS, Jan. 20, 2012 /PRNewswire/ -- Alpha Financial Technologies ("AFT") has responded to a patent infringement claim made by Mount Lucas Management Corporation ("MLM") denying MLM's assertion that the calculation methodology used by AFT's indices, including the Diversified Trends Indicator index, infringes MLM's sole U.S. patent. "AFT does not believe that the suit has merit," said Victor Sperandeo, President and CEO of AFT. The calculation methodology used by the AFT index accused by MLM...