Eagle Broadband sues individuals for defamation
Tim Richardson writes in The Register:
US-based Eagle Broadband Inc has filed a defamation lawsuit against 25 unnamed net users for allegedly posting misleading information about the company.
In a lawsuit filed with the Superior Court of California the company alleged that the postings on bulletins boards and website were done to "drive down the value of its stock in order to reap profits for themselves".
The postings were made on financial message boards including Yahoo! Finance and Raging Bull and included "fraudulent statements about the financial condition and business activities of the company, erroneous information about the company's products... and personal attacks."
posted by Fergie @ 10/06/2005 09:25:00 AM
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