SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Investment Chat Board Lawsuits

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey S. Mitchell who wrote (34)7/9/1999 10:47:00 PM
From: Jeffrey S. Mitchell   of 12465
 
Xircom settles lawsuit against Yahoo user
By Bloomberg News
Special to CNET News.com
July 9, 1999, 3:35 p.m. PT

THOUSAND OAKS, California--Xircom, the designer of communications cards for laptops and mobile phones, said it settled a lawsuit with an unidentified person who posted messages about the company on a Yahoo message board.

Terms of the settlement weren't disclosed. The person used the pseudonym "A_View_From_Within" to post three messages about Xircom on Yahoo's finance message board.

Companies have become more aggressive about tracking and taking action against people who post messages anonymously on Internet bulletin boards, such as those maintained by Yahoo and Go2Net's Silicon Investor Web site. Companies worry that sensitive or false financial information is posted, prompting the spread of inaccurate information.

"There's no question that a lot of companies have their investor relations people watching those message boards every day," said Go2Net president John Keister. "There's definitely legal action that occurs all the time."

The identity of "A_View_From_Within" was revealed by his lawyer to a few senior executives at Xircom under confidentiality requirements. The anonymous poster said he was never a Xircom employee and isn't an engineer and believes his postings were expressions of his opinion.

In March, No. 3 aerospace company Raytheon sued a group of 21 people who allegedly disclosed internal company information on Yahoo's Web site. Raytheon filed a motion to dismiss the lawsuit in May after the resignations of four employees involved in the suit.

Copyright 1999, Bloomberg L.P. All Rights Reserved.

news.com

- Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext