Plaintiffs propose to represent all non-database Cusip licensees in last 7 years
If granted, the recent motion for class certification in the ongoing case against Cusip Global Services would allow end-user firms and third-party data vendors alike to join the lawsuit.
Last week, plaintiffs in the pending case against Cusip Global Services (CGS) and its affiliates filed their motion for class certification, which would define the types of entities and persons eligible to be represented by Dinosaur Financial Group, Swiss Life Investment Management, and Hildene Capital Management in their complaint.
In a new filing, the trio proposed that any person or entity who paid Cusip license fees to S&P Global and FactSet between March 4, 2018, and March 14, 2025, without
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