Don
I ran across this in the body of a news release on another thread 2 or 3 weeks ago and saved the part related to ECGOF. The NR wasn't specific to ECGOF, it mentioned several stocks where management had pursued defamation litigation persons known and unknown, not all of them were successful.
I had just started DD on ECGOF and filed this back and subsequently forgot which thread I read it on. I've been searching for a URL without any success.(NOVICE)<g>
If you could provide a URL specific to this news, it would be very helpful
TIA
"On Monday, American Eco (ECGOF:Nasdaq) said it and a former executive were awarded $8.3 million in a lawsuit against a single anonymous online poster. The lion's share of that, a $7.75 million award in punitive and actual damages, went to the company's former chief financial officer, David Norris. The online poster, who went by
the alias of PMMK1, posted what the company said were false statements about Norris' executive history that resulted in Norris being suspended, according to the company.
The suit was filed in the 280th Judicial District Court of Harris County, Texas. Thesuit names Jonathan Grossman, of Huntington Beach, Calif., as its defendant. A phone call to the Huntington Beach number of a Jon Grossman was not returned.
An American Eco spokeswoman says the suit stemmed from a "particularly malicious" series of messages posted on the Yahoo! boards about one year ago. The company was able to learn the identity of the poster by issuing a subpoena to the message-board
site, she says. Norris and the company jointly agreed that he should step down because of all the fuss the continuous postings were causing, she adds. Attempts to reach Norris were unsuccessful.
"There's a big difference between posting opinions and posting false things as historical fact -- this individual crossed that line," the spokeswoman notes. "People need to become aware that if they shoot off their mouths, there may be consequences -- I think this is a wake-up call to other posters."
But the debate continues on the boards. An online poster called Ripskii, writing in the Yahoo! message board on American Eco's stock, exclaims: "I would point out that these same management people who are so quick to sue over slander should guard their OWN behinds. Go[d] knows they've given WE the STOCKHOLDERS, enough cause to bring suit against them for a variety of reasons."
Regards
GB |
