Second class-action lawsuit targets Cusip’s ‘monopoly’ on identifiers

Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain business laws in New York and Connecticut.

A second class-action lawsuit was filed against Cusip Global Services (CGS), the American Bankers Association (ABA), S&P Global, and FactSet for alleged violations of the Sherman Antitrust Act and business practice laws in New York and Connecticut, where FactSet is based, as well as breach of contract.

The suit, filed in the Southern District of New York, names Hildene Capital Management, a Connecticut-based asset manager focused on credit, as a plaintiff. Law firm Wollmuth Maher & Deutsch

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here