After Geeta Anand, a reporter in the paper’s Mumbai bureau, sent a list of questions to the company that was the subject of the stock analyst’s negative report, the company filed for an injunction preventing the publication of the article.
“After numerous court orders, hearings and filings spanning nearly half the year, we won our battle, only to face a new standards challenge,” said Lipschutz.
The paper had added new material to the article and wanted to give the company, Indiabulls, a chance to respond. That meant that the company could have filed for another injunction. “But our belief in fairness and accuracy took priority,” said Lipschutz.
However, the company didn’t seek any more litigation, and the paper published its story, “A negative stock report about Indiabulls led to an analyst’s arrest and a harrowing 2,000 mile odyssey,” on Sept. 15, 2015.
“It was also a victory for media freedom,” said Lipschutz. “This kind of diligence and dedication to fairness is what distinguished us in an increasingly noisy media landscape.”
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…
Clare Fieseler has been hired by Politico and subsidiary E&E News to cover renewable energy,…