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Monthly Archives: June 2011

“Hot News” Has Gone Cold

mshelton | June 29, 2011

Anyone distributing news online can rest easier tonight. The Second Circuit held last week that Flyonthewall.com (“Fly”) is not guilty of “hot news” misappropriation for reporting leaked stock recommendations—finding the claim preempted by the Copyright Act.

Categories: Trade Secrets Tags: 2nd circuit, free-riding, Misappropriation, Second Circuit, Trade Secret | Comments
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