The Capital Forum
| ISIN | 🆔 |
|---|---|
| Industry | Business Intelligence |
| Founded 📆 | 2012 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | Teddy Downey, executive editor, chief executive officer |
| Members | |
Number of employees | |
| 🌐 Website | www.thecapitolforum.com |
| 📇 Address | |
| 📞 telephone | |
The Capitol Forum, also referred to as TCF, is a Washington D.C.-based business intelligence company. The company offers news services in the areas of antitrust law, consumer protection and mergers and acquisitions. Its readers include law firms and government executives, particularly those in the Federal Trade Commission and the Department of Justice.[1] It was founded in 2012.
The Capitol Forum is a subscription-based service only, distributing daily content through its website. It was co-founded by Teddy Downey, who now serves as its chief executive officer.
History[edit]
The Capitol Forum was co-founded in 2012 as a business journalism startup by Teddy Downey, Trevor Baine and Jack Williams. As of 2017, it has approximately 30 employees.
Services[edit]
The Capitol Forum provides news publications across five major topic areas: mergers & acquisitions, consumer protection, government contracts, financial services and antitrust enforcement.
The service charges its readers a subscription fee to access its online library of content. The subscription includes entry to Capitol Forum events which are hosted on a quarterly basis. Its pricing structure and model have been compared to the Bloomberg terminal subscription.[1]
Controversies[edit]
The Capitol Forum’s research reports and news editorials have been linked to a number of drops in companies’ stock prices and resulted in claims that its reports have influenced short sale campaigns.[2][3][4]
In 2017, The Capitol Forum published an editorial that suggested that the Department of Veterans Affairs (VA) was investigating bio-pharmaceutical company MiMedx. MiMedx responded to the claims that it was aware of the VA investigation but that it was “not the target” of the investigation. As a result of the report, several media outlets expanded on the original reporting, causing MiMedx’s share price to fall. In September 2017, MiMedx filed a lawsuit against The Capitol Forum accusing it of libel, slander, defamation factual inaccuracies and violations of the Lanham Act.[5][6]
References[edit]
- ↑ 1.0 1.1 "How 4 of the priciest content subscriptions stack up - Digiday". Digiday. 2017-08-10. Retrieved 2018-06-02.
- ↑ "Subscribe to read". Financial Times. Retrieved 2018-06-02.
- ↑ "Wall Street has found a company that Donald Trump would love to beat up on". Business Insider. Retrieved 2018-06-02.
- ↑ "MiMedx Hammered By Activist Short Campaigns". ValueWalk. 2017-09-25. Retrieved 2018-06-04.
- ↑ "The so-called Trump of Georgia is on a wild crusade against Wall Street short sellers". Business Insider. Retrieved 2018-06-02.
- ↑ House, SA Editor Douglas W. (2017-09-21). "MiMedx fights back, sues Capital Forum for libel; shares continue slide, down 9%". Seeking Alpha. Retrieved 2018-06-02.
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