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Old 11-15-2007, 12:05 PM
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Default Any new news on GAI?

Posted By: Matt

Josh - thanks for posting those - the only one which seems relevant is the last one:

Currently, there is a $200 Million Libel lawsuit pending (Medphone v. DeNigis). Medphone is a Fortune 500 company which makes medical instruments. Prodigy subscriber Peter DeNigis lost $9,000 when he sold off his Medphone stocks and is alleged to have published negative posts stating that the Medphone company "appears to be a fraud".

I'd be very interested in the resolution of the case, since personally, I would have a hard time convicting the guy for only saying the company "appears" to be a fraud (as opposed to stating as a fact that the company IS a fraud). The other suits are against the board provider and not the poster (except for the one where he called the guy a child molester...).

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