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Jury awards $700M to SA tech startup in case against Quicken Loans subsidiary

Jury awards $700M to SA tech startup in case against Quicken Loans subsidiary

A jury in Bexar County district court this week awarded more than $700 million to a local technology startup that had been sued by a subsidiary of Quicken Loans, records show.

Canary Analytics Inc., the San Antonio-based subsidiary of San Francisco-headquartered House Canary Inc., was the defendant in a lawsuit filed in April 2016 by the company then known as Title Source Inc., which has since changed its name to Amrock Inc. The case was heard in Bexar County 73rd District Court in front of Judge…

Source: http://feeds.bizjournals.com/industry_21

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