Financial Technologies International, Inc. v. Smith

OPINION AND ORDER

LYNCH, District Judge.

This dispute involves intellectual property conceived of by Scott Smith (“Smith”) during the course of his work as an independent contractor for Financial Technologies International, Inc. (“FTI” or “plaintiff’). Under an agreement between FTI and Smith’s corporation, Datasmith Consulting, Inc. (“Datasmith”), Smith worked as a consultant for FTI between March 1998 and July 1999. FTI claims ownership of a product developed by Smith (the “Product”) that improves its datamapping system and accompanying software. FTI asserts two claims under the consulting…