Mr. Johnston part of Detwiler's capital-markets is separate from brokerage that trades stocks for clients. Yeah right!
Detwiler said Friday it stood by its research methodology, and said "we welcome any regulatory inquiry," according to a statement issued by Anne Buckley, the general counsel and chief compliance officer at parent company Detwiler Fenton Group.
Research In Motion said it would ask regulators to review "materially false and misleading comments" made Thursday about retail return rates for its new BlackBerry Z10 smartphone. Will Connors reports. (Photo: Getty Images)
Mr. Johnston is part of Detwiler's capital-markets group, which provides investor research and is separate from the Boston firm's investor research brokerage business that trades stocks for clients. In its statement Detwiler said neither Mr. Johnston "nor any officer or director of Detwiler Fenton has any financial interest" in RIM.