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Monday, August 06, 2018 9:01:29 PM
when legislatures and courts created defamation laws they were well aware of the amendment re free speech
but irresponsible tabloids have not received the message and thus they are often sued
the ft has been employing reckless disregard for the truth-thinking zn will not sue for defamation-such reckless disregard is actionable- especially manufacturing the whole story re the security guard-such guards are well versed by employers to refrain from the alleged statements-its their job to refrain from such statements-they arent PR!
ZN is technically a penny stock(anything to 5.00) but is a big board Nasdaq stock-i wrote the ff re typical penny stocks:
CEO's of small penny companies are NOT public figures, as defined by the right to privacy
The whole point of the different standards for defamation is the various distinctions of the private public spectrum and the constitutional right to privacy etc
Even public personalities retain a constitutional right to privacy -including the ''reckless disregard for the truth'' defamation standard of New York vs Sullivan -US Supreme Court,1964, if memory serves.
Rock and movie and sports stars and top political figures-the public personalities protected by the above standard- have the least privacy rights, because they make their living FROM their fame.
Then lesser personalities of the same stripe
Then other groups like CEO's of huge companies etc,because they dont make a living FROM their fame,except for a small number at the top
CEO's of small penny companies are a lot closer to private individual status- where the defamation standard is mere negligence- than they are to public personalities like rock and movie stars.
Then there's the relevancy problem. Even if the info is true, it can be actionable on other grounds like harassment and tort interference w relationships etc.
E.g.what is the relevancy of the love life or traffic citations or personal land use planning matters re the CEO of most small penny companies?
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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