New Judgment In Data Scraping Dispute Could Impact Hedge Fund Managers

Below is a summary of a recent development that may be of interest from our Technology, Media & Telecommunications (TMT) practice Group. Our TMT, Regulatory and Securities Litigation Groups have been working closely with our Hedge Fund Group in counseling hedge fund managers with respect to the complex regulatory, compliance and contractual issues raised by their data aggregation, web scraping and other data science methods and practices (both internally developed and externally sourced).

From Proskauer's New Media and Technology Law Blog:

For years, craigslist has aggressively used technological and legal methods to prevent unauthorized parties from scraping, linking to, or accessing user postings for their own commercial purposes. In its latest judicial victory, on April 13, 2017, craigslist obtained a $60.5 million judgment against Radpad, Inc., on various claims relating to harvesting content from craigslist's site and sending unsolicited commercial emails