Cision files counterclaim to Dow Jones’ lawsuit
Media and communications platform Cision filed a counterclaim to Dow Jones’ lawsuit against it, alleging breach of contract by the media company, reports PR Week.
Cision spokesperson Josh Vlasto said in a statement that Cision is denying the allegations in Dow Jones’ complaint and intends to “vigorously defend” its rights and businesses.
“Our company deeply respects our partners and is relentlessly focused on ensuring that our customers’ needs are met and that our agreements are honored,” Vlasto said via email. “Unfortunately, Dow Jones breached its fundamental obligations under the agreement, such as exclusivity, confidentiality and customer marketing.”
In the counterclaim, filed in New York, states PR Week, Cision said that before and after the execution of the Dow Jones partner agreement, the company failed to meet its legal obligations. It noted 12 identified breaches of the contract by Dow Jones and 20 misrepresentations or fraudulent omissions that Dow Jones used to induce Cision to enter the agreement, according to the legal documents.
More on the Dow Jones lawsuit here.
