Federal court denies motion for early judgement on Cusip numbers’ copyrightability

A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.

On Wednesday, June 29, Southern District of New York Judge Katherine Polk Failla, who has presided over the two class-action suits brought against Cusip Global Services (CGS) and its affiliates, denied the plaintiffs’ motion for a partial summary judgement on whether Cusip numbers are copyrightable and ordered the two suits be consolidated, which—if the plaintiffs and their lawyers can agree—will create a single, larger lawsuit against CGS, its owner FactSet Research Systems, and others.

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