The Credit Union Executives Society has prevailed in a lawsuit brought by a training company that alleged theprofessional organization shirked its duties in a marketingpartnership, according to court documents. CUES was also awarded$884,315.70 in unpaid royalties, according to court documents.

The original suit, filed in Iowa District Court on July 6, 2015,by the Cedar Rapids, Iowa-based BVS Inc., alleged CUES failed toperform “certain marketing activities” under a deal dating back to2011.

According to BVS, the two organizations formed an onlinetraining partnership that year, and BVS agreed to pay CUES aroyalty or commission for new business and renewals. BVS, whichprovides staff training and member education services, claimed CUESagreed to provide free access to or space on its website, in itspublications and via speaking roles at CUES conferences andconventions.

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