Related information regarding bashers:
By Jack Burney
Published by OTCNN.com
If you have a nasty disposition, an undefined anger at the world in
general, and a gift for venomous verbosity, here's the perfect job for you:
Paid Basher for the MMs.
Any illusion that such tactics are beneath the MMs was shattered recently
when a Florida court issued an injunction again one of the defendants,
"Cats3," in the lawsuit filed by QuestNet Corp. (OTCBB: QNET). "Cats3"
turned out to be Jerome Rosen, senior trader with J. Alexander Securities
(ALEX), a major market making firm.
Rosen was enjoined from "publishing any false and defamatory statements
concerning QuestNet and its current and former officers, directors, and
employees in any manner," and from "interfering with any
contractual/business relationships between Quest Net and its employees,
customers, suppliers, consultants, shareholders and/or investors."
Now, InvestAmerica (OTCBB: INVT) has subpoenaed Raging Bull to identify 14
INVT-bashers who posted on RB's message boards, and is waiting for the
response.
"Purpose of the suit," said Bryan Kitts, director and secretary-treasurer
of INVT, "is ultimately to find out if any of these 14 bashers is employed
directly or indirectly by a market maker or by a member firm of the SEC or
the NASD."
If they are, as INVT expects, then ultimately, the next question is: "Is
the entity that employed the bashers responsible for the actions of its
employees?" If anyone is transmitting messages designed to enhance the
position of his employer or influence the price of the stock to the
employer's advantage, what is the employer's culpability?
....
The INVT complaint asserts causes of action alleging violations of the
Racketeering Influenced and Corrupt Organization or RICO Act, the
Massachusetts Consumer and Business Protection Act, and common law
defamation. It alleges that the defendants have conspired to post
statements on Raging Bull. The message here...BASHERS BEWARE!!
