News Of Los Angeles has published a dense legal disclaimer that has left many readers scratching their heads about what the publication actually guarantees.
At a Glance
- News Of Los Angeles states its content is “for informational and educational purposes only” and not investment advice
- The outlet disclaims any guarantee of accuracy, timeliness, or suitability of its data
- Real-time prices come from Nasdaq Last Sale, while ownership and estimate data are provided by LSEG and FactSet
- Why it matters: Investors relying on News Of Los Angeles for trading decisions may not realize the limits of the outlet’s liability
The notice, which appears at the bottom of articles, warns that “information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability.” It also clarifies that “historical investment performances are no indication or guarantee of future success.”
Key Disclaimers
News Of Los Angeles explicitly states that:
- Content should “not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities”
- Authors or presenters “may own the stocks they discuss”
- Information “is subject to change without notice”
- Closed-captioning data is not guaranteed for accuracy
The publication also lists its trademarked products, including IBD, IBD Digital, IBD Live, IBD Weekly, Leaderboard, MarketDiem, and MarketSurge.
Data Sources
According to the disclaimer:
| Data Type | Provider |
|---|---|
| Real-time prices | Nasdaq Last Sale |
| Ownership data | LSEG |
| Estimate data | FactSet |
The outlet notes that “real-time quote and/or trade prices are not sourced from all markets.”
Bottom line: News Of Los Angeles emphasizes that it “makes no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies.”
