The company is pursuing legal action against the sculpture’s creator, Kristen Visbal, saying she violated contracted terms amounting to trademark infringement.
One-fifth of the proceeds will go to nonprofits that empower young women and support gender equality.
Emails reveal that the financial firm behind the stunt initially planned to install a sculpture of a cow as its feminist statement on Wall Street.
In a letter sent through his lawyer, Arturo Di Modica claims that the new statue violates the Visual Artists Rights Act and illegally commercializes his own sculpture.
The bronze statue installed by an advertising firm and a financial firm represents basically everything that’s wrong with our society.
“Fearless Girl” was installed on the eve of International Women’s Day as part of a call on the financial industry to put more women in leadership positions.