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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (1492)5/4/2001 8:09:56 PM
From: Tom C  Read Replies (1) of 12465
 
Jeff,

This thread is my favorite thread on SI. It’s useful, timely and there’s not a lot of bs chit chat.

This article was too wild to resist commenting on.

The Virginian-Pilot: Titanic salvage company sues over Internet postings

The lawsuit also accuses the seven of violating the Federal Telecommunications Act by posting information to "annoy, threaten or harass" the company while hiding behind aliases.

I’m not a lawyer but this seems like a stretch. Couldn’t the company just avoid RB or do they think they are obligated to read all the posts on a message board? If so why? Maybe I’m off base, but posting information to "annoy, threaten or harass" on a message board doesn’t seem to be the same as annoying, threatening or harassing a company or it’s officers and employees.

"They made a lot of sick, negative comments, many of them untrue,"

LOL, so which sick negative comments were true?

The people on Raging Bull are there because there is sour grapes. They really hope that the management of this company fails. They are negative rabble rousers.''

When did hoping someone will fail and expressing that opinion become a crime?

"We will have a day in court with this. They will have to prove all their lies."

LOL, why would the defendants WANT to prove they were lying? The guy deserves a Moron award for this single statement if he wasn't misquoted.

Isn’t the burden of proof on the plaintiff?

Regards

Tom
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