The Investor Relations Group Files Libel Suit Against TheTruthseeker.com in Supreme Court
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Story Filed: Tuesday, December 21, 1999 9:13 AM EST
NEW YORK, Dec 21, 1999 (BUSINESS WIRE) -- Today, The Investor Relations Group, Inc., a corporation founded by Dian Griesel in August of 1992, and duly organized and existing under the laws of the State of New York filed a lawsuit in the Supreme Court, State of New York, County of New York against TheTruthseeker.com alleging that the December 15, 1999 issue of The Truthseeker Report contained various libelous statements against The Investor Relations Group, Inc. including but not limited to claiming that: (i) Robert Genovese was The Investor Relations Group, Inc.'s founder; (ii) its representation of Diversinet Corp. (NASDAQ Small Cap: DVNT) was based on vague meaningless statements; (iii) Robert Genovese was a principal of The Investor Relations Group, Inc.; (iv) Robert Genovese worked for The Investor Relations Group, Inc.; (v) The Investor Relations Group, Inc. answered its phone "HRH"; and (vi) The Investor Relations Group, Inc. had a Canadian office.
None of such statements are true, according to all corporate records of The Investor Relations Group, Inc. TheTruthseeker.com has failed to return a telephone call placed specifically to request a retraction of such statements. The Investor Relations Group, Inc. intends to vigorously prosecute this lawsuit which is seeking two million dollars actual damages and two million dollars of punitive damages from TheTruthseeker.com.
Regarding the libel suit, The Investor Relations Group, Inc. CEO and President, Dian Griesel stated, "As the world wide web grows, investors are consulting financially- related Internet sites for information. These sites have a responsibility as great as any other genre of press to disseminate truthful, accurate, fact-checked information. Yet, there is no truth, accuracy nor facts in any of the statements made about my company by Floyd Schneider, Author of TheTruthseeker.com."
For more information contact: The Investor Relations Group, Inc., Dian Griesel, President & CEO at 212.736.2650.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: The Investor Relations Group, Inc., New York
Dian Griesel
President & CEO
212/736-2650
WEB PAGE: businesswire.com
GEOGRAPHY: NEW YORK
INDUSTRY CODE: SOFTWARE
INTERNET
HARDWARE
LEGAL/LAW |
