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Gold/Mining/Energy : Chapters Bookstore

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To: Hank Stamper who wrote (32)8/1/2000 11:37:37 PM
From: worldtraveller  Read Replies (1) of 37
 
Chapters takes action for libel against National Post


TORONTO, Aug. 1 /CNW/ - Chapters Inc. today announced it is immediately
delivering a Notice of Libel against the National Post for its July 29 and
July 31, 2000 series of 11 inaccurate and irresponsible articles that have
caused serious harm to the company's reputation. This is the first required
legal step in commencing an action for libel.
"The articles published about Chapters in the National Post on July 29
and July 31 contained numerous misleading statements, factual errors,
unfounded speculation, and inflammatory headlines," says Chapters CEO Larry
Stevenson. "Chapters is on solid financial footing and is ranked as Canada's
top retailer by Kubas Major Market Retailing Report and has been for the last
four years. The Post's 11-article-attack paints a distorted picture of
Chapters Inc."
Chapters' initial review of the articles identified more than 30 factual
errors, unsubstantiated allegations and misleading statements.
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