InvestorsHub Logo
Followers 0
Posts 4797
Boards Moderated 0
Alias Born 04/10/2008

Re: BigBake1 post# 4433

Sunday, 02/20/2011 12:36:11 PM

Sunday, February 20, 2011 12:36:11 PM

Post# of 221168
but such is life.. I have had my say here. Thanks.
I think the suit against posters for libel is a loser. He can not prove they knew they were wrong. I also think iHub could work better if content control was given to an independent organization. Because of this control, iHub is not just "the phone company" carrying messages. I have been banned from boards, not for any TOU violation, but just because my questions irritated. You can see how that is true. LOL

I think there is a vunerability iHub faces in Federal law. My first post here described it for comment and ideas.

Doesn't iHub operate a deceptive device which operates as a fraud on persons? Doesn't iHub exercise control over the boards and have a responsibility for those hurt by it? Doesn't the operator of a cockfight run an illegal operation eventhough it only lets cocks do what they do naturally? Maybe this lawsuit will not be so far off base.

The LAW:

Quote:
--------------------------------------------------------------------------------
§ 240.10b-5 Employment of manipulative and deceptive devices. It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, to engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.
--------------------------------------------------------------------------------



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.