Wall Street Source-Thomson Lawsuit Gets Court Go-Ahead

Max Bowie
11 Jun 2010

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News and research aggregator Wall Street Source has passed a milestone in its lawsuit against Thomson Reuters, after a New York Supreme Court justice ruled that the case can proceed to the discovery phase.

WSS alleges that Thomson Financial (prior to its merger with Reuters) - then an investor in WSS - developed a copycat version of its product, dubbed Squawk Box, by poaching key WSS employees in breach of its fiduciary responsibilities as an investor in WSS, and in breach of staff

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