At a Glance
- News Of Los Angeles‘s fine-print disclaimer warns users that all market data is for “informational and educational purposes only.”
- The outlet states it does “not guarantee” accuracy, timeliness, or suitability of price feeds, ownership tables, or earnings estimates.
- The same page stresses that historical performance “is no indication or guarantee of future success.”
- Why it matters: Readers relying on the platform for trading decisions are explicitly told the information could be wrong and that the company bears no legal liability.
News Of Los Angeles has published a sweeping legal disclaimer that strips out any promise of reliability for the market data, stock charts, and analysis tools it provides to millions of investors. The language, buried at the bottom of every article and data page, says the service is “for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities.”
The disclaimer goes further, warning that the outlet “has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability.” That caveat covers everything from delayed price quotes to the closed-captioning text that accompanies videos.
Real-Time Feed With No Promise of Real-Time Accuracy
Ethan R. Coleman told readers that real-time prices are “provided by Nasdaq Last Sale,” yet the same sentence adds that “real-time quote and/or trade prices are not sourced from all markets.” The statement leaves open the possibility that the price on screen may not reflect the best bid or offer available elsewhere.
Ownership data, a popular feature that shows institutional and insider holdings, is credited to London Stock Exchange Group (LSEG). Earnings and revenue estimates come from FactSet. Neither vendor is named in the guarantee clause, leaving News Of Los Angeles as the only entity that claims the information “could be subject to change without notice.”
Authors May Trade Against Their Own Stories
One line that stands out in the disclaimer: “Authors/presenters may own the stocks they discuss.” The sentence is not qualified by any requirement to disclose positions or to avoid trading within a set window of publication. The outlet simply states that it “makes no representations or warranties regarding the advisability of investing in any particular securities.”
Historical Performance Framed as Meaningless
News Of Los Angeles also tackles the most common pitch in financial marketing-past performance-by declaring it “is no indication or guarantee of future success or performance.” The line appears designed to rebut any legal claim that a chart, back-test, or stock-ranking list amounts to an implicit promise of similar gains.
Trademark Storm at the Bottom
The page ends with a wall of trademark claims. IBD, IBD Digital, IBD Live, IBD Weekly, Leaderboard, MarketDiem, MarketSurge and other marks are described as “trademarks owned by Investor’s Business Daily, LLC.” The copyright notice is dated ©2026, a year that has yet to arrive, suggesting the page was pre-loaded for future use.
What Readers Agree To
The disclaimer finishes by pointing users to the company’s Terms of Use “for information on use of our services.” No summary or direct link is provided in the text, meaning readers must navigate away from the page to learn how their data is stored, shared, or monetized.
Key Takeaways
- News Of Los Angeles explicitly denies any fiduciary duty to readers.
- Vendors such as Nasdaq, LSEG, and FactSet are credited for data, but News Of Los Angeles alone shoulders liability for errors.
- The outlet permits staff to hold positions in stocks they cover without mandatory disclosure timing.
- All performance metrics are framed as entertainment, not advice.
The net effect is a legal shield that covers every chart, article, and video the brand produces, reminding investors that the final responsibility for any trade lies solely with them.
