Lynch Jones Sues Over S&P MMS' Use Of Its Data

NEWS & COMMENTARY

Lynch Jones & Ryan, the New York-based market research firm whose Redbook Retail Averages are distributed to investors every Tuesday afternoon, is suing Standard & Poor's over alleged misuse of Lynch's proprietary data. The suit was filed in state court in New York and seeks damages of at least $1 million.

The suit alleges that since April 1996, S&P's MMS International unit has been leaking data from Lynch's Redbook and other retail surveys before Lynch itself was prepared to disseminate the

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