Fort Collins says it is due $22M from its Connexion software billing developer

FORT COLLINS — The city of Fort Collins says it is owed $22.58 million from Open International LLC and Open Investments LLC for the failed attempt to build a utility billing system to support Connexion broadband services and the traditional city utilities.
Attorneys for Fort Collins on Friday filed the city’s closing brief in the matter that previously resulted in a jury verdict that determined that the related Open companies committed fraud in inducing the city to buy the software company’s services.
Open filed a motion Dec. 1 in which it asked the court to ignore the jury verdict.
On Thursday,…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!