Appeals Court Deals Blow to 'Hot News' Doctrine

Appeals Court Deals Blow to 'Hot News' Doctrine: "A federal appeals court cleared the way Monday for a financial-news website to publish stock market analysts' private buy and sell recommendations in near-real time, striking a blow to a??century-old legal doctrine that gave media companies control over the time-sensitive news they report.

The 4-year-old litigation, brought by Barclays Capital, Merrill Lynch, Morgan Stanley and ...

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