The Securities and Exchange Commission

[thepennyking]

Metric Companies Inc. Reportedly Files Cybersmear Case Against Ex-Employees

On February 10, the Associated Press reported that "late last year" Metric Companies Inc. filed two corporate cybersmear lawsuits against two former employees in a The company reportedly alleges that the defendants "posted defamatory and misleading messages about Metris and its recently ousted CEO, Ronald Zebeck". In an interesting twist, the complaint reportedly includes allegations that the postings violated securities laws. According to the report, the company "contends that as a result of the postings it has lost revenue, income, investors, customers and relations with business prospects. The lawsuits ask for a stop to the Internet postings and seek unspecified compensatory and punitive damages."