At a Glance
- Standard financial disclaimer warns data may be inaccurate or untimely
- Past performance explicitly stated as no guarantee of future results
- Authors may own discussed stocks, creating undisclosed conflicts
- Why it matters: Investors relying on the information may face unexpected losses
A routine financial disclaimer published by News Of Los Angeles contains stark warnings often overlooked by readers. The notice appears at the bottom of market reports and stock analyses, yet its language highlights significant limitations in the data investors depend upon.
Data Accuracy Not Guaranteed
The disclaimer states information is “for informational and educational purposes only” and should not be treated as investment advice. News Of Los Angeles explicitly notes it “makes no guarantee as to its accuracy, timeliness, or suitability.”
This includes closed-captioning information, suggesting even basic text accompanying videos may contain errors. The company acknowledges data comes from sources believed reliable, but offers no warranty.
Performance Past Won’t Repeat
A central warning declares “historical investment performances are no indication or guarantee of future success or performance.” This directly contradicts how many investors use past stock charts to predict future moves.
The disclaimer appears on content analyzing earnings growth, stock breakouts, and other historical patterns that News Of Los Angeles regularly publishes as part of its market coverage.
Undisclosed Stock Ownership
The notice reveals “authors/presenters may own the stocks they discuss,” without requiring specific disclosure of which stocks or when positions change. This creates potential conflicts of interest when recommending securities.
No details are provided on whether authors must hold stocks for minimum periods or if they can trade immediately after publication.
Legal Protections Emphasized
News Of Los Angeles includes multiple liability shields, stating it “makes no representations or warranties regarding the advisability of investing in any particular securities.” Information “is subject to change without notice,” limiting accountability for outdated content.
The company refers users to its Terms of Use for additional legal limitations, but doesn’t summarize those terms in the disclaimer itself.
Real-Time Data Limitations
While promising “real-time prices by Nasdaq Last Sale,” the disclaimer clarifies these quotes “are not sourced from all markets.” This means displayed prices may not reflect the best available bids or offers.
Ownership data comes from LSEG (London Stock Exchange Group) while estimate data originates from FactSet, introducing third-party dependencies the company doesn’t control.
Trademark Claims
The notice asserts trademark rights over IBD, IBD Digital, IBD Live, IBD Weekly, News Of Los Angeles, Leaderboard, MarketDiem, MarketSurge and other marks. All are listed as “trademarks owned by Investor’s Business Daily, LLC.”
This includes services that require paid subscriptions, suggesting the disclaimer applies to both free and premium content.
Copyright Enforcement
A copyright notice claims ownership through 2026, stating “©2026 Investor’s Business Daily, LLC. All Rights Reserved.” This appears unusually future-dated, suggesting the company maintains rights for content published years ahead.
No specific enforcement actions or penalties are described for copyright violations.
Key Takeaways
- News Of Los Angeles explicitly disclaims responsibility for data accuracy while publishing investment analysis
- Past performance warnings directly contradict common investor behavior of using historical charts
- Potential conflicts exist when authors own stocks they discuss without disclosure requirements
- Real-time data may exclude better prices from other markets
- Legal protections shift all investment risk to readers while keeping trademark rights for the company
