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Gold/Mining/Energy : Teuton Resources -- Ignore unavailable to you. Want to Upgrade?


To: Clark Kent who wrote (179)12/13/2012 11:28:47 AM
From: kidl  Read Replies (1) | Respond to of 207
 
I am also down to just a few shares. Stuff like this doesn't help.

Teuton Named in $135 Million Lawsuit



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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 13, 2012) -

Teuton Resources Corp. ("Teuton") (TSX VENTURE:TUO)(FRANKFURT:TFE)(OTCBB:TEUTF) announces that it has become aware that it is named as a Defendant in the Amended Amended Statement of Claim filed November 27, 2012 in Court of Queen's Bench of Alberta in Court File Number 1201-07918, Calgary Judicial Centre ("the lawsuit") in which American Creek Resources Ltd. ("AMK"), Allan G. Burton, Darren R. Blaney, Robert N. Edwards and Kelvin J. Burton are Plaintiffs and Teuton, Dino Cremonese, Amanda Mullin, Gary Assaly, Deborah Shilling and John Does 1-64 are Defendants.





The lawsuit alleges among other matters the posting of defamatory comments by the Defendants on the "Bullboards" maintained by Stockhouse Publishing Ltd. The lawsuit also alleges that Teuton and the named Defendants "conspired and acted in concert with one another, and others to defame the Plaintiffs and intentionally interfere with their economic relations".





Damages of more than $135,000,000 are sought against Teuton as described below.





As against Teuton AMK seeks general damages of $50,000,000; punitive damages of $5,000,000; unspecified special damages; and costs.





As against Teuton, on a joint and several basis with the named Defendants, each of the four personal Plaintiffs seeks general damages of $10,000,000; aggravated damages of $5,000,000; punitive damages of $5,000,000; unspecified special damages and costs.





Teuton is of the view that the lawsuit is without merit and will vigorously defend itself.





Respectfully:





Dino Cremonese, P.Eng., President, Teuton Resources Corp.



To: Clark Kent who wrote (179)12/19/2012 1:31:07 PM
From: kidl  Read Replies (1) | Respond to of 207
 
You certainly got what you hoped for.

Bought some back yesterday and sold them earlier today.

These allegations make no sense to me but ...