Legal proceedings via SI Message Board

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To: Josef Svejk who wrote ()	8/5/1999 6:49:00 PM
From: John Sladek	of 242

Excerpts from E-law Update #11, August 1999 cyberlaw.se SUIT OVER ONLINE APRIL FOOL'S JOKE: The Internet is not up for sale. San Francisco-based press release distributor BusinessWire announced late Monday that it has filed a federal court lawsuit against Jeffrey Mitchell, William Ulrich and Janice Shell after they posted an April Fools press release through its service. The three defendants allegedly posted a April Fools news release claiming that the government had contracted to sell the Internet to private parties! currents.net and wired.com CORPORATE CYBERSMEARS: Ex-cab driver, Wade Cook (now reportedly worth as much as $100 million) has filed suit against ten anonymous users who have allegedly posted slanderous messages on Yahoo bulletin board. While Yahoo is not a defendant, a subpoena may soon demand Yahoo to hand over the names and identities of the "anonymous ten" who have spread rumors against Wade Cook Financial. While online privacy is under attack from many fronts, Wade Cook Financial is not pleased with the privacy Yahoo provides its users. "These John Does are using anonymity afforded by the Internet to damage reputation and undermine the business of a legitimate company" said Wade Cook's attorney. wired.com COPRORATE CYBERSMEARS: Shoney's Inc., a Nashville-based restaurant chain, is jumping on the John Doe wagon and has filed suit against three people who posted statements on a Yahoo! message board that reportedly hurt the company. Now the company only has to figure out who it sued. To this end, it has sent a subpoena Yahoo! to identify the authors of the postings to the Yahoo! message boards. "It is not our intention to prohibit criticism or personal opinion about the company, but we have an obligation to protect confidential and proprietary information about Shoney's Inc. which has appeared on the Yahoo! message board," said Betty J. Marshall, Shoney's senior vice president of corporate communications. Such incidents are prompting the SEC to beef up its enforcement resources to cope with the growing problem of securities fraud on the Internet. tennessean.com CORPORATE CYBERSMEARS: Hitsgalore.com's CEO, reportedly is fed up with all the negative comments made about his company on various bulletin boards and investment messaging boards. The Company has announced that it has retained a former senior Federal Prosecutor to look into ways to bring suit against anonymous posters who engage in cybersmear against the company and are bringing the price of the company's common stocks down. businesswire.com

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