FPFX Technologies has filed a lawsuit against The Funded Trader LLC and Easton Consulting Technologies LLC in Palm Beach County, Florida, alleging breach of contract, unpaid software licensing fees, and violation of exclusivity provisions in a licensing agreement between the firms.
According to the complaint, FPFX granted a software license to both defendants on February 26, 2024, covering access to proprietary API-based trading infrastructure. The agreement required monthly payments and included restrictive covenants barring the use of similar services from competing vendors.
FPFX said that over several months, the defendants repeatedly failed to meet their payment obligations. As of July 2025, the outstanding balance is stated as $184,079.25, not including late fees or interest. FPFX noted that this followed a series of amended agreements aimed at giving The Funded Trader and Easton more time to pay, stretching from May 2024 through April 2025.
FPFX also seeks $500,000 in liquidated damages
The complaint includes four separate addenda and a lien agreement, which was intended to secure FPFX’s position while deferring payment. The lien covered various forms of collateral including client lists, trading software, websites, and social media accounts. FPFX later agreed to substitute this with personal guarantees from the companies’ principals…