Appeals Court Halts ‘Hot News’ Publishing Order
May 20th, 2010 admin
A federal appeals court on Thursday lifted a lower court’s order that a well-known financial news aggregator delay publication of prominent financial analysts’ buy and sell recommendations — stock picks that allowed the well-to-do the first crack at capitalizing on that trading research. The 2nd U.S. Circuit Court of Appeals blocked the lower court’s March injunction against Theflyonthewall. The 3-year-old litigation, brought by Barclays Capital, Merrill Lynch, Morgan Stanley and others, was premised on the so-called “hot news” doctrine the Supreme Court first recognized in a 1918 case concerning the unauthorized and immediate republication of wire service reports . The appeals court essentially stayed a New York federal judge’s ruling that Theflyonthewall breached the doctrine, which allows suits for re-reporting time sensitive “hot news.” The banks’ research that…
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RossHaffenden (Ross Haffenden) : RT @politicsworld: I'm not usually big on press censorship but Murdoch's in a special category. I don't see what good he does. Thank God for.. Updated : 2010-09-09T09:16:55Z | Reply | View Tweet |
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thegulfblog (David B Roberts) : Piggy censorship: http://wp.me/paDTV-12J.. Updated : 2010-09-09T09:16:40Z | Reply | View Tweet |
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politicsworld (Politics Worldwide) : I'm not usually big on press censorship but Murdoch's in a special category. I don't see what good he does. Thank God for the #bbc.. Updated : 2010-09-09T09:15:04Z | Reply | View Tweet |
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malcolmcoles (malcolm coles) : Oh. It is doing it now. NOT CENSORSHIP AFTER ALL. Relax, and go about your business as normal. Sorry... Updated : 2010-09-09T09:13:40Z | Reply | View Tweet |
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simonhowland (Simon Howland) : RT @malcolmcoles: CENSORSHIP: "Google Insight not working" = trending search. But Instant won't suggest it as you type it. H/T SEO_Doctor.. Updated : 2010-09-09T09:13:29Z | Reply | View Tweet |
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