Swatch sues Bloomberg LP over recorded analyst call
Reuters, Feb. 17, 2011
February 16, 2011 at 07:00 PM
1 minute read
The original version of this story was published on Law.com
(Reuters) – Swatch Group AG, the world's largest watchmaker, has sued Bloomberg LP, accusing the news service of secretly recording a conference call with securities analysts and providing a transcript to clients.
In a copyright infringement lawsuit, the Swiss company said Bloomberg had improperly recorded a February 8 earnings call while it was in progress, and provided a transcript that day to its online subscribers.
Swatch said Bloomberg had not been invited or authorized to participate in the call. The Swiss company also said it had instructed listeners at the beginning of the call not to record it for publication or broadcast.
Read the full Reuters story, “Swatch sues Bloomberg LP over recorded analyst call.”
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