Dow Jones & Co. has paid $202 million to FKSA client Cantor Fitzgerald Securities and to Market Data Corp. to settle litigation over payments for government securities data. The lawsuits, which were filed in 2001 and 2002, arose out of disputes concerning financial data provider Telerate, which Dow Jones acquired in the 1980s and sold in 1998 to Bridge Information Systems, Inc. Cantor's relationship with Telerate dated to 1972, when Cantor took the then-revolutionary step of posting bond prices on Telerate screens. Telerate paid for the data and, in turn, charged Telerate clients for the service. As part of Dow Jones' sale of Telerate to Bridge, Dow Jones guaranteed that it would make payments to Cantor and Market Data for the data in the event that Bridge was unable to do so. In 2001, Bridge filed for bankruptcy, and later that year, Dow Jones sued Cantor and Market Data, saying it no longer owed these payments. The case was set for trial in August 2006. FKSA partners Eric Seiler, Philippe Adler and Hallie B. Levin and associate Jeffrey R. Wang represented Cantor Fitzgerald Securities in the litigation.