FRANKLIN TELECOM (FTEL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.737

-4.6%

3:58 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: VALUESPEC who wrote (40355)	1/25/1999 3:41:00 PM
From: Jamey	of 41046

VS, Is this someone that you know? "HOUSTON, TEXAS--(BUSINESS WIRE)--Dec. 14, 1998--(NASDAQ:ECGOF.O) (TSE:ECX.) AMERICAN ECO CORPORATION announced today that it had been awarded US$500,000 in punitive damages and US$75,000 in direct damages in its lawsuit against an individual who hid behind an Internet posting alias as "PMKK1". The judgment in favor of American Eco was for liable and slander through false Web and bulletin board postings about the Company and its executives. American Eco claimed that the falsehoods circulated on the Internet had damaged its reputation with the investment community and caused investors to short its publicly traded shares by creating doubt about statements made by American Eco management. In addition, Mr. David Norris, former CFO of American Eco, was awarded $5.0 million in punitive and $2.75 million in direct damages in the same lawsuit against the individual operating under the alias of "PMKK1", for untrue allegations concerning Mr. Norris' executive history, which were posted on the Internet, resulting in his suspension from his position." Businesswire Santiago

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next