Quotron Sues Josephthal Lyon For Non-Payment
VENDOR STRATEGIES
Quotron last month filed suit against one of its current clients, New York-based brokerage firm Josephthal Lyon and Ross Inc., charging the firm with breach of contract. Quotron is suing to recover partial payment towards a $3 million "advance discount" it paid in 1990 to induce the firm -- which the vendor says was then known as Jesup & Lamont Inc. -- to switch from ADP to Quotron data services.
Meanwhile, Quotron's complaint chronicles a seemingly endless series of corporate restructurings that
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 info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2026: Trailblazer (Lifetime achievement) award (end-user)—Sarah Mears, MUFG Investor Services
Sarah Mears, chief human resources officer at MUFG Investor Services, wins the trailblazer (Lifetime achievement) award (end-user) in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: Gender equality/diversity professional of the year (end-user)—Pavneet Brar, Nomura
Pavneet Brar, who works in wholesale data and operations technology at Nomura, wins Gender equality/diversity professional of the year (end-user) in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: WatersTechnology Woman of the Year—Annabel Harrison, LSEG
Annabel Harrison, head of Agent Services, Post Trade Solutions at LSEG, wins WatersTechnology Woman of the Year in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: Rising star (vendor) – data, engineering & product development—Miriam Eyles, Rimes
Miriam Eyles, senior data developer at Rimes, wins rising star (vendor) – data, engineering and product development in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: Legal/compliance professional of the year—Sophie McDonald, State Street
Sophie McDonald, vice president and managing counsel at State Street, wins legal/compliance professional of the year in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: Above and beyond award (vendor)—Berta Ares Lomban, SIX Group
Berta Ares Lomban, head of the Program and Innovation Office for Financial Information at SIX Group, wins the above and beyond award (vendor) in the 2026 Women in Technology and Data Awards.
Witad Awards 2026: Startup professional of the year—Pamela Lee, Talos
Pamela Lee, head of Asia-Pacific sales at Talos, wins startup professional of the year in the 2026 Women in Technology and Data Awards.
Women in Technology & Data Awards 2026: All the winners and why they won
WatersTechnology honored the winners of the 40 categories in the 2026 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on March 6.
