Court Rejects
Court Rejects "Hot News" Protection for Stock Recommendations

Court Rejects "Hot News" Protection for Stock Recommendations

White & Case Technology Newsflash

The Court of Appeals for the Second Circuit ruled that a financial news service did not misappropriate analyst research by publishing stock recommendations on its website. The Court held that the Copyright Act preempted the "hot news" misappropriation claims brought by financial institutions to protect such ratings information.

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