| Topic Name: |
Loss Of Client |
| Message Name: |
then there's no problem |
| Date Posted: |
02/26/2006 |
| In Reply To: |
Firstly, most companies won't sure because it creates a lot of bad press.
Of course, if they sued, and won, they would never be able to collect any judgement.
But, even if they sued, they would never win. Here are a few reasons:
1. He said it was a rumor!
2. He said he was 'in the trenches' and is not claiming to have special knowledge or position.
3. Can't calculate or prove any damages. If the stock drops, you can't prove why, or collect on that anyhow. And, it isn't going to drop on one vault posting, so, someone somewhere would have to confirm it. And if it was confirmed, and it was true, Hewitt would lose the lawsuit. Can't quantify damages to a large coporation in almost any event.
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| Message: |
1. He said it was a rumor!
but if he was the first to post it on a public forum ...
2. He said he was 'in the trenches' and is not claiming to have special knowledge or position.
actual ignorance is no defense against libel
3. Can't calculate or prove any damages ....
and nobody could sue McDonalds for spilling hot coffee in their own lap.
...or collect on that anyhow
always look for the deepest pockets you can find. The Vault for instance
...if it was confirmed, and it was true ...
then he would be free and clear. Which was all the original caution was meant to say.
Can't quantify damages to a large coporation ...
don't need to, any group of investors could sue. depends on who has the best accountant and who can convince a a trial lawyer to do a class action
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