OT... Taken from RB Thread!!!!
ragingbull.com
Bashers Beware! Lawsuits may be headed your way.....
This lawsuit is against some RB and SI current posters who are bashing this stock!!!
Hitsgalore.com Files $20 Million Lawsuit Against Internet Posters
RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--June 14, 1999-- Hitsgalore.com, Inc.
(OTC BB:HITT - news) today announced that it has filed a Complaint against one identified
and five anonymous Internet posters for Libel, Tortious Interference With Business Relations
and Civil Conspiracy in the United States District Court for the Middle District of Florida. The
Complaint, entitled Hitsgalore.com, Inc. v. Janice Shell, et al., Case No. 99-1387-CIV-T-26C,
seeks damages in excess of Twenty Million Dollars ($20,000,000.00).
The Complaint names Janice Shell, John Doe No. 1 a/k/a ''Paul Kersey,'' John Doe No. 2
a/k/a ''Mayor,'' John Doe No. 3 a/k/a ''Mr. Pink,'' John Doe No. 4 a/k/a ''mshater,'' and John
Doe Nos. 5-100 as Defendants (collectively the ''Defendants''). The Complaint alleges that,
beginning at least as early as May 1999 and continuing through to the present, the
Defendants intentionally and maliciously published and republished a variety of false and
defamatory statements about Hitsgalore.com in a nationwide ''cybersmear'' campaign on
electronic bulletin boards on the Internet maintained by Raging Bull, Inc. (''Raging Bull'') and
Silicon Investor, Inc. (''Silicon Investor''). These statements either explicitly state or imply that
Hitsgalore has engaged in illegitimate, illegal, dishonest, fraudulent, and criminal business
operations, when, in truth and fact, the Defendants knew or should have known that such
statements were false and libelous per se.
Steve Bradford, the CEO of Hitsgalore.com, believes that it is absolutely essential that all
responsible parties be held fully accountable for their activities, and this action is the first
formal step for Hitsgalore.com in taking the offensive against those seeking to destroy the
reputation, damage the market value of the Company's common stock and undermine the
business affairs of the Company through anonymous posting activity. Steve Bradford stated
that: ''the Company intends to issue subpoenas to Raging Bull and Silicon Investor to
ascertain the identities of the John Doe Defendants, and to aggressively undertake discovery
in this case.'' The Company's attorneys are also investigating possible defamation charges
against David Evans, a Bloomberg reporter, for certain negative news articles which the
Company believes are misleading in nature.
Jeanette Wilcher, the Trustee of The Life Foundation Trust with whom the Company has
various business relations, stated that: ''I applaud, commend, and fully support the efforts of
Hitsgalore.com in bringing the anonymous Internet posters to justice.''
The Company would also like to gratefully acknowledge the substantial assistance it has
received from various persons throughout the country in investigating the Internet activity by
the Defendants and others, and welcomes further contact from individuals with knowledge of
this cybersmear campaign.
If you have any information which you believe would be helpful to the Company in prosecuting
this matter, please contact Carl F. Schoeppl, Esq., or Daniel J. Becka, Esq., at Schoeppl &
Burke, P.A., the Company's litigation counsel, 4800 North Federal Highway, Suite 210-A,
Boca Raton, Florida 33431-5176, Telephone: (561) 394-8301, Facsimile: (561) 393-6541,
and E-Mail: Schoeppl@aol.com.
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Question: Will you be paying that on Margin?????????????/ |
