Thomson Reuters Faces WSS, Famanet Trials

legal-gavel

Two companies suing Thomson Reuters in New York and Cyprus have won court decisions allowing them to take their cases against the data giant to trial, alleging that prior to their merger, Thomson Financial and Reuters, respectively, broke fiduciary duties to a company in which it invested, and unlawfully terminated a reseller contract.

At a recent summary judgment hearing, a New York court dismissed several of the claims brought against Thomson Reuters by New York-based news, commentary and rese

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