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Re: Snowy_Owl post# 85226

Sunday, 03/23/2014 1:13:45 PM

Sunday, March 23, 2014 1:13:45 PM

Post# of 146295

This should be easy for you. Please name three companies.

Quote:
Ironically, also around 99% of the companies that go after authors of articles end up going down in flames in the end.



Correct. Easy:

(1) Suit: GTX sued Stocklemon

Result: Just last week, the CEO of GTX Global was picked up by FBI Agents at an airport in New York as he was charged with conspiracy and money laundering.
http://www.citronresearch.com/so-you-want-to-sue-citron-research/

(2) Suit: After Stocklemon reported on misdoing by management, YP.net responded by suing Stocklemon

Result: Five months later, YP.net CEO Angelo Tullo was indicted by a Federal Grand Jury on 29 counts of conspiracy and money laundering
http://www.citronresearch.com/so-you-want-to-sue-citron-research/

(3) Suit: Chinese timber firm Sino-Forest filed a $4 billion defamation lawsuit against Muddy Waters, the research and investment firm that sent its stock into free fall last year after releasing a bombshell report accusing it of fraud.
http://money.cnn.com/2012/04/02/markets/sino-forest-muddy-waters/

Result: On March 30, 2012 Sino-Forest filed for bankruptcy
http://en.wikipedia.org/wiki/Sino-Forest_Corporation#Bankruptcy_protection_proceedings

The SwingTrade Portfolio was up 83.5% in 2013 and 348.6% since inception.

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