What exactly has Andrew Left done that is illegal?So far Andrew Left's call is looking good. Sure he may have sensationalized his report (ie the Enron comment). But a week after he releases his report, VRX has now cut its ties with Philidor. Clearly this would not have happened had Left's report not surfaced.
The only legal question regarding Left is whether he released his report to others prior to the general release. But how is that any different from banks who use upgrades and downgrades to feather their own nests.