Investment management firm Marshall Wace has initiated a lawsuit to block the new financing plan of encryption data company Lukka Inc.

Golden Finance reported that investment management firm Marshall Wace has initiated a lawsuit aimed at blocking the new financing plan of the encryption data company Lukka Inc., which claims that this plan will put its two funds at a disadvantage. Delaware Chancery Court Judge Lori Will on Thursday approved Marshall Wace's request to temporarily halt Lukka's proposed financing plan while the judge hears the case on an expedited basis.

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