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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (4284)	2/22/2003 12:12:43 AM
From: StockDung	Respond to of 12465

Jonathan Hoenig Files Suit Against James J. Cramer and TheStreet.com Friday February 21, 9:00 pm ET CHICAGO, Feb. 21 /PRNewswire/ -- Jonathan Hoenig announced today that he has filed a lawsuit against James J. Cramer and TheStreet.com (Nasdaq: TSCM - News) for defamation. Mr. Hoenig's complaint alleges that Cramer made untrue statements that harmed Mr. Hoenig's reputation in his business as a hedge fund manager and financial commentator. Specifically, on September 10, 2002, Cramer wrote a column, published by TheStreet.com, about the worthlessness of a company known as Broadwing. In the column, he recommended not purchasing the stock even though others recommended it. Cramer further wrote: "Wouldn't it be terrific if I could be like Jonathan Hoenig, who on national television urged people to buy Kmart at a buck and change because, well, who the heck knows?" Hoenig claims he never recommended purchasing Kmart stock. Mr. Hoenig is being represented by the law firm of Mulroy Scandaglia Marrinson Ryan. They have requested a trial by jury and ask the court to award Mr. Hoenig damages along with costs and attorneys' fees. -------------------------------------------------------------------------------- Source: Jonathan Hoenig