Stock market analysts, page-16

..."That if you, as an investor lose on my recommendation then I am liable for prosecution by law. I have done thorough research on this security. It is guaranteed."...

Obviously, as I said, where the analyst is deliberately misleading, there should be prosecution, but the above statement will lead to suits regardless of whether they are personally selling the stock or not. You appear to be implying that an analyst should be prosecuted for any loss you make even if he is making an honest and objective recommendation based on his numbers. How can they guarantee that you do not incur a loss? That's how I read the statement anyway.

As far as I know, analysts have always been required to make some sort of dislcosure. In fact the analysts I know are not even allowed to buy and sell stocks they are covering unless the transaction is made under certain circumstances.

Anyway, you should be more worried about directors selling than analysts.