LAWSUITS NEWS & LEGAL INFORMATION
Dow Jones & Co.
This is a settlement for the Commercial lawsuit.
Market Data Corp. and Cantor Fitzgerald Securities have been in a longstanding contract dispute regarding guaranteed obligations. In 1998, Dow Jones sold Telerate to Bridge Information Systems. Telerate had used data supplied from Cantor Fitzgerald and Market Data and Dow Jones had retained its guarantee of payments under certain circumstances. Dow Jones & Co. has agreed to pay a $202 million settlement to the two companies. (Mar-14-06)
[BUSINESS WEEK]
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If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.Published on Mar-14-06
