Consistently beating the news wires

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Reference no: EM131130009

Since 1998, Fly has collected and published financial news, rumors, and other information flowing from Wall Street via it online subscription newsfeed, Emphasizing the timeliness of its reporting it brags that it posts “breaking analyst comments as they are being disseminated by Wall Street trading desks,” “consistently beating the news wires. “Fly’s website contains an explicit disclaimer advising users that Fly staff persons are not brokers, dealers, or registered investment divisors. Nevertheless, Fly’s marketing materials emphasize that its service is intended to asset investors. Its online newsfeed posts recommendations by 65 investment firms’ research analysts, including those at Barclays and Morgan Stanley. Has Fly violated the intellectual property rights of Barclays and Morgan Stanley?

Reference no: EM131130009

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