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-0.00036675514757985 -0.00032783764633727 -7.40278556245836E-05 1.05754079463519E-05 1.05754079463519E-05 1.05754079463519E-05 1.05754079463519E-05 1.05754079463519E-05
Stock impact report

JPMorgan accuses TransUnion subsidiary of stealing trade secrets [Reuters]

Verisk Analytics, Inc. (VRSK) 
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Company Research Source: Reuters
new tab Argus Information and Advisory Services of misappropriating JPMorgan's trade secrets to unlawfully bolster its business. The complaint , opens new tab filed Tuesday accused Argus of misusing confidential credit card data it obtained while serving as a data aggregator for federal financial regulators to support its "lucrative" analytics work. The U.S. Department of Justice announced last week , opens new tab that Argus would pay $37 million to settle related allegations from the federal government. TransUnion bought Argus in 2022 with its acquisition of Verisk Analytics's (VRSK.O) , opens new tab Verisk Financial Services. TransUnion said in a statement on Wednesday that the lawsuit relates to actions that "precede TransUnion's acquisition of Argus." "We disagree with the allegations in this lawsuit, and we will vigorously defend against them," Verisk Analytics spokesperson Alberto Canal said on Wednesday, calling data security and ethics "cornerstones of Verisk's busin Show less Read more
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