Burns Says Court Could Reverse Flyonthewall Case Result: Video

March 19 (Bloomberg) -- Douglas Burns, a former federal prosecutor, talks with Bloomberg's Lori R...  More »

March 19 (Bloomberg) -- Douglas Burns, a former federal prosecutor, talks with Bloomberg's Lori Rothman and Mark Crumpton about a lawsuit barring Theflyonthewall.com from issuing immediate online reports about stock upgrades and downgrades of Barclays Plc, Bank of America Corp.’s Merrill Lynch, and Morgan Stanley. U.S. District Judge Denise Cote in New York issued an injunction yesterday sought by the three banks. They argued at a March trial that Theflyonthewall.com wrongfully obtains and sells reports on changes to the banks' stock evaluations. (Source: Bloomberg)  « Less