Reuters, Moneyline Telerate in Another Legal Wrangle
VENDOR UPDATE
NEW YORK--Moneyline Telerate plans to ask for an expedited review by the court following Reuters’ suit over $18 million in unpaid bills, sibling publication Inside Market Data has learned.
In the suit, Reuters officials allege that Moneyline owes Reuters more than $18 million, including interest, for the use of its St. Louis, Mo., ticker plant and associated services. As a result, Reuters has warned Moneyline that it will shut down its use of the ticker plant and related services on Dec. 19
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