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The Nasdaq stock market has lost several claims in its bid to prevent a rival exchange from trading in an investment product bearing the Nasdaq name. Southern District of New York Judge Denise L. Cote ruled that Archipelago Exchange could not be stopped from listing and facilitating trading of the Nasdaq 100 Index Tracking Stock. However, the judge declined to dismiss Nasdaq's claims for trademark infringement and false advertising under the Lanham Act.
September 20, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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