September 30, 2020
UBS AG and Bloomberg Finance LP told a New York federal judge Wednesday that they've reached an undisclosed settlement to end competing contract claims over whether the bank breached licensing deals with Bloomberg by improperly redistributing proprietary financial market data.
January 22, 2019
UBS AG fired its own breach of contract claim at Bloomberg Finance LP on Friday in a suit that accuses UBS of redistributing proprietary data without authorization, telling a New York federal court that its use of the data was above board and that by "acting arbitrarily and/or irrationally in 2018," Bloomberg was out of line.
January 04, 2019
A New York federal judge on Thursday asked an English court for judicial assistance in compelling a London-based company's cooperation with evidence requests in Bloomberg Finance LP's lawsuit accusing UBS AG of unlawfully redistributing its proprietary data.
December 19, 2018
A New York federal judge said Wednesday that Bloomberg Finance LP's lawsuit, which accuses UBS AG of unlawfully redistributing its proprietary data, would not fare better in the United Kingdom just because evidence and witnesses reside there, finding that her court was just as convenient for the company and the bank.
August 13, 2018
UBS AG asked a New York federal judge on Monday to dismiss Bloomberg's suit alleging that it unlawfully redistributed proprietary data through its portfolio analysis and risk management software, saying that England — the place where the disputed actions of UBS Delta took place in their entirety — is a more appropriate venue.
July 13, 2018
Bloomberg Finance LP hit UBS AG with a suit in New York federal court Thursday accusing the bank of violating an agreement that bars it from redistributing proprietary data through its portfolio analysis and risk management software.