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Thread ID: 62585 2005-10-12 18:26:00 All those telescum bashers are now on notice :) netchicken (4843) PC World Chat
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395588 2005-10-12 18:26:00 I thought this was interesting . However this is a specific company and issue . . . .
. eaglebroadband . com/ReleaseDetail . cfm?ReleaseID=175559" target="_blank">investor . eaglebroadband . com

Eagle Broadband Files Lawsuit Against Internet Posters

HOUSTON, Oct 05, 2005 (BUSINESS WIRE) -- Eagle Broadband, Inc . (AMEX:EAG), a leading provider of broadband, Internet protocol (IP) and communications technology and services, announced today that the company has filed a lawsuit containing claims for defamation and unfair business practices in the Superior Court of California against 25 anonymous "John Doe" defendants alleging that these defendants have distributed false, fraudulent and misleading misinformation on Internet message boards in an effort to damage Eagle's business and its shareholders, and to drive down the value of its stock in order to reap profits for themselves .

The 25 "John Doe" defendants named in the lawsuit include individuals using the following Internet message board ID's: "upanddown100", "team_3339", "bubba2o", "benderanddundat", "advanced_headlines", "richwill21", and "phil_phd2003", among others . The company may add additional defendants to this lawsuit as additional evidence warrants .

The company has evidence that these posters have engaged in unlawful activities and is seeking monetary and punitive damages from these individuals and/or firms who have engaged in deliberate misinformation campaigns designed to drive down the price of the company's stock in an apparent attempt to capture illegal gains from short sales .

The fraudulent and misleading information distributed by these defendants has been posted on widely visited financial Internet message boards including Yahoo! Finance, Raging Bull and others . The information has included, but is not limited to, fraudulent statements about the financial condition and business activities of the company, erroneous information about the company's products, partners and customers, and personal attacks against the company's management, board of directors and employees . The lawsuit is designed to stop these individuals and/or firms from continuing these illegal activities as well as to seek the full measure of damages and other remedies permitted by law .

"While Eagle Broadband fully respects individuals' right to free speech, we will not tolerate deliberate misinformation campaigns that disseminate false and fraudulent statements that damage the company, our shareholders and the value of our stock," said David Micek, President and CEO of Eagle Broadband .
netchicken (4843)
395589 2005-10-12 19:58:00 Computer World: Technical limits rather than commercial for broadband wholesale service from now on (computerworld.co.nz) Murray P (44)
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