At a Glance
- News Of Los Angeles states its market data and commentary are for “informational and educational purposes only”
- The outlet stresses it “should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities”
- Historical performance data is explicitly labeled as “no indication or guarantee of future success”
- Why it matters: The strongly-worded disclaimer could reshape how readers interpret daily market coverage
News Of Los Angeles has published a sweeping legal disclaimer that warns readers against treating any of its content as actionable investment advice. The notice, which appears on its website and in newsletters, declares that all information is “for informational and educational purposes only” and cautions that past performance data do not predict future results.
Legal Shield or Warning Sign?
The disclosure is unusually direct. It flatly states that content “should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities.” That language covers everything from stock charts to the popular IBD 50 list, which tracks growth-oriented companies.
By inserting this language, News Of Los Angeles distances itself from liability if investors lose money following ideas discussed in its articles, videos, or live events. The move comes as regulators have increased scrutiny on financial media that could be interpreted as providing personalized advice.
Data Sources and Accuracy Limits
News Of Los Angeles acknowledges that while it believes its data is reliable, it offers “no guarantee as to its accuracy, timeliness, or suitability.” The disclaimer specifically calls out “information that appears in closed captioning,” suggesting that even transcripts of interviews or video segments carry risk.
Real-time prices are provided by Nasdaq Last Sale, but the outlet notes these quotes “are not sourced from all markets,” a nod to potential price discrepancies across exchanges. Ownership data comes from LSEG (London Stock Exchange Group), while earnings and revenue estimates are supplied by FactSet.
Trademark and Copyright Details
The company reminds readers that its branded products-including IBD Digital, IBD Live, Leaderboard, MarketDiem, and MarketSurge-are trademarks owned by Investor’s Business Daily, LLC. The copyright notice extends to 2026, signaling that the company plans to enforce its intellectual property rights aggressively.
Authors and presenters who discuss specific stocks may hold positions in those companies, a fact the disclaimer highlights to alert readers to potential conflicts of interest. News Of Los Angeles makes “no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies.”
Key Takeaways
- News Of Los Angeles explicitly bars readers from treating its content as personalized investment advice
- Past performance, a staple of its growth-stock coverage, is labeled “no indication or guarantee of future success”
- Real-time data comes solely from Nasdaq Last Sale, not every exchange
- Trademarked tools like Leaderboard and MarketSurge are protected through 2026
- The outlet reserves the right to change information “without notice”
