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RICHMOND, Va. (AP) - NTP Inc., which successfully sued the maker of BlackBerry devices for infringement of wireless e-mail patents, said Monday it is suing Palm Inc., maker of the Treo smart phone.
The lawsuit, filed in U.S. District Court, alleges that Palm's products, services, systems and processes have improperly used NTP's wireless e-mail technology.
Palm's shares tumbled $1.17 to $14.24 in Nasdaq trading, the entire 7.6 percent loss coming after news of the suit broke.
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