Dow Jones Sues Ransquawk For Allegedly Stealing 'hot News'

courts and on social media sites we will only be in a position to make a full statement tomorrow." Dow Jones said it sued after Ransquawk, through its law firm, denied having improperly retransmitted material directly from DJX, and said it obtained the challenged material through Twitter sources, instant messages, and other news services. The lawsuit accuses Ransquawk of hot news misappropriation and interfering with Dow Jones' contracts. It seeks a halt to any misappropriation, plus at least $5 million of damages. Dow Jones has pursued similar litigation before, and in November 2010 said it received a "substantial" amount from for misappropriating hot news and headlines for its website. For the original version including any supplementary images or video, visit