Judge Orders Website To Delay Copying of Broker Reports

A U.S. District Judge ordered a web site to stop disseminating the stock recommendations of financial services firms until its clients can be notified first.

"Fly's core business is its free-riding off the sustained, costly efforts by the firms and other investment institutions to generate equity research that is highly valued by investors," the judge said. She said the company did no equity research of its own.

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