CCBN.com, a Boston-headquartered provider of Internet-based investor relations (IR) data and Web hosting services, is suing Thomson Corp. and Thomson Financial for breach of fiduciary duty, arguing that the data and software vendor used knowledge gained through board meetings to stifle CCBN’s business and build a competing one.
In the suit, filed last week in the US District Court for the District of Massachusetts, CCBN claims that Thomson should not be allowed to compete with CCBN because it
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- Bloomberg’s Chat Gambit: The Feint Before a Knockout?
- In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- WatersTechnology Innovation Summit Q&A: Elly Hardwick, Deutsche Bank
- House Approves Market Data Protection Act