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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (2382)1/18/2002 12:42:18 PM
From: The Philosopher  Read Replies (1) of 12465
 
I don't belong to AOL, so don't know their position.

But if they don't comply with the subpoena, the issuer has the right to haul them in to court. If the court decides the subpoena was justified, the court can order compliance under penalty of contempt of court, and can also order attorneys fees. So it may be that they're taking a gamble that the issuers either won't take them to court, or will lose if they do.

Just my guess. But I will say that I have enforced subpoenas in the past, and gotten what I asked for plus some attorneys fees plus, in one case, a hefty fine.
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