Global financial services and products provider, S&P Global has filed a lawsuit in the U.S. District Court Southern District of New York against call centre group S&P Data for multiple trademark infringements, false designation of origin, trademark dilution, and unfair competition.
The plaintiff alleges that the ‘S&P’ element of the name is likely to cause confusion following the defendant’s alleged move into financial services.
S&P Global reportedly said that it’s the largest resource for business data analytics, credit ratings, and business research including the famous S&P 500 Index that is widely regarded as the best gauge of large-cap U.S. equities.
The plaintiff reportedly said that it owns numerous U.S. federal registrations for the S&P trademark, alone or in combination with other words and elements
The plaintiff alleges that it has built highly valuable goodwill in the S&P trademarks which have been widely known.
The plaintiff reportedly said that the defendant has infringed on its intellectual property causing damages, confusion and unfair competition.
S&P Global is seeking an injunctive order to stop S&P Data from permanently using ‘S&P Data’, the destruction of all material featuring the S&P Data name and logo, and damages.
The case is pending.
S&P Global Inc. et al v. S&P Data LLC et al
|Court:||New York Southern District Court|
|Nature of Suit:||Trademark|
|Case Filed:||March 03, 2020|