Plaintiffs in Cusips lawsuit argue the codes aren’t copyrightable
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
In March, WatersTechnology reported that New York-based broker-dealer Dinosaur Financial and Swiss asset manager Swiss Life Investment Management had filed a class-action lawsuit in the Southern District of New York alleging antitrust violations in the licensing of Cusip numbers.
This was followed just three days later by another lawsuit with similar complaints, filed in the same court on behalf of Connecticut-based asset manager Hildene Capital Management.
Both suits were filed against the
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