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Re: Carini post# 80225

Thursday, 11/20/2014 9:57:43 AM

Thursday, November 20, 2014 9:57:43 AM

Post# of 222071
Well that is the whole point of these suits, it is hope that the poster is ignorant and not proactive to seek legal counsel and or file appropriate documents to quash in some cases a fishing expedition. But once they have your identity they will file and the next round is on the poster to get good legal counsel tat that point.

In one case the company decided it was in their best interest to settle the matter out of court, but with a stipulation of no further posting, the sum of the settlement was sizable.

The fact is that the majority of these tickers are in fact money laundering operations and they do not want the attention of a court into their illegal activity. As you know, recently with a certain ticker where they didnt want the dispute to go any further into the discovery phase, someone was facing multiple Felony charges of Grand Theft in that particular instance. That is the reason for the settlement and wanting it to go away.

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