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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (758)9/8/2000 10:19:00 AM
From: Eric Fader  Read Replies (1) of 12465
 
"We've read numerous scurrilous and false rumors about what we might be publishing, but this is the first instance I've known of that had any veracity," said assistant managing editor Randall Forsyth.

Those Barron's guys have short memories. There have been several times that I vaguely recall when the fact that Barron's was doing a story was leaked. One such instance involved Osicom (FIBR), which Barron's slammed more than once. Also, a few years ago, I was the lead plaintiff in a class action against Davstar (became Urohealth) based upon misleading or fraudulent press releases. The stock, which had had a run, dropped and was halted on a Friday because word had leaked that the following day's Barron's would trash the company, and it did.
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