Press Release:
Edison-based I-many, Inc. (NASDAQ:IMNY) announced that it has filed a lawsuit against Model N, Inc. of Redwood Shores, Calif., for trademark infringement, dilution, fraudulent business practices and unfair competition.
The Edison provider of contract management software and services alleges that Model N has deliberately used I-many’s registered trademarks in a series of online advertisements, where potential customers who click on the trademark “I-many” are diverted to Model N’s Web site.