PRINCETON, N.J., April 13, 2011 /PRNewswire/ -- Next Inning Technology Research, an online investment newsletter focused on semiconductor and technology stocks, has filed suit to stop the plagiarism of its content by New World Investor and its editor Michael Murphy.
"Individual investors have limited choices when it comes to truly independent investment research, and those investors deserve thoughtful analysis that they can trust," said Paul McWilliams, editor of Next Inning Technology Research. "It was discouraging to discover that a longtime competitor has been willfully infringing upon our intellectual property."
The lawsuit for copyright infringement, filed in U.S. District Court for the Southern District of New York, details New World Investor's ongoing and frequent plagiarism of Next Inning Technology Research's publications. The suit documents numerous examples of word-for-word reproduction of Next Inning's work. In recent weeks alone, Murphy lifted Next Inning's proprietary analysis on companies such as Verizon, AT&T, Harmonic, DragonWave, Sprint, Lightsquared, and Clearwire.
In the complaint, Next Inning alleges that New World Investor "presented this material as the writing of Murphy, and concealed the fact that much of the text published on the New World Investor Website is stolen from McWilliams' original work published on the Next Inning Website." A full copy of the suit along with specific examples of Mr. Murphy's willful infringement are available at: www.nextinning.com/michaelmurphy.php
New World Investor charges a subscription fee to access its web site, and Michael Murphy has at times made his content available through sites like Seeking Alpha and TheStreet.com.
The law firm of Patterson, Belknap, Webb & Tyler represents Next Inning Technology Research in this matter. The lawsuit is Indie Research, LLC and Vizue, LLC v. New Paradigm Press, Inc., 11 Civ. 2255 (S.D.N.Y.).
About Next Inning Technology Research:
Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is thirty year semiconductor industry veteran. It is published by Indie Research, LLC in partnership with Paul McWilliams and Vizue, LLC.
CONTACT: Marcia Martin, Next Inning Technology Research +1-888-278-5515
SOURCE Indie Research Advisors, LLC