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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (3305)7/27/1999 12:01:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 3795
 
Sue UPCA for what? We informed BW about UPCA right here on this thread and they failed to take any action to alert (potential) shareholders that the PR was, to be kind, dubious (the first reference here was the day the PR came out: #reply-10572754). If anyone should be worried about lawsuits it is BW, IMO.

- Jeff



To: Janice Shell who wrote (3305)7/27/1999 12:18:00 PM
From: Michelino  Respond to of 3795
 
It appears that Business Wire continues, willingly, to be the ultimate mouthpiece for obvious stock peddling scams like UPCA.

Any copy editor (or even an intern right out of a junior college journalism program) would have raised serious questions about using the promotion of a dubious "cure" for aids as vehicle to draw in investors.

It's time to look beyond Business Wire's own sense of ethics and its willingness to publish sham encrusted PR for profit.

It's time to ask the SEC to explain why Business Wire is not being reprimanded for giving a wide audience to these fraudulent promotions.