Reed Construction Data (RCD), a wholly-owned subsidiary of Reed Elsevier (NYSE:RUK, NYSE:ENL), announced that McGraw-Hill Construction Dodge (MHC), a unit of The McGraw-Hill Companies, Inc. has admitted to some of the most serious allegations made in RCD’s 2009 federal lawsuit in which RCD alleges that Dodge unlawfully misappropriated RCD’s confidential and trade secret information and used that information in an attempt to gain a competitive advantage.  The lawsuit, filed Oct. 8, 2009, in the U.S. District Court for the Southern District of New York (case number 09 Civ. 8578 (RWS)), charged that Dodge since 2002 used a series of fake companies to pose as RCD customers and gain unlawful access to RCD’s confidential construction project information database.      Source:  Trading Markets

BIIA Newsletter November I – 2010 Issue