Cue's Icke sues Canaccord employee for defamation
2011-03-23 14:30 ET - Street Wire
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by Mike Caswell
John Icke, the chairman of Cue Resources Inc., has filed a defamation suit against a Canaccord Genuity Corp. employee over posts on the Stockhouse forums. Mr. Icke says that Juan Ocampo, who works as a stock market quotes administrator at Canaccord's downtown Vancouver office, was responsible for a message that accused him of extortion. Mr. Icke is seeking general damages for the post, which he claims was false and defamatory.
Mr. Icke filed a brief notice of civil claim against Mr. Ocampo on March 16, 2011, in the Supreme Court of British Columbia. According to the suit, Mr. Ocampo was responsible for an Aug. 27, 2010, post on Stockhouse written under the user name "scuba2223." It was titled "Paraguay going after John Icke." The body of it read: "Paraguayan Authorities are looking for John Icke regarding Cue Resources. The news said he is involved in stealing documents and extorsion [sic]!"
As Mr. Icke sees it, the post meant that law enforcement officials were looking for him in Paraguay, and the media had reported that he was involved in theft and extortion. The post damaged his reputation by "implying that he is involved in criminal wrong-doing and conduct unbecoming management of a public company, and [is] otherwise untrustworthy."
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Who in his right mind would be shorting a six cent stock???? Is Icke serious??
Posted by Mickey Smith at 2011-03-23 16:55
Posted by Intrepid at 2011-03-23 18:55
the authorities mentioned must be officials from a mental hospital
tsxv firms do not permit the shorting of six cent stocks, or sixteen cent stocks. or even twenty six cent stocks, etcetera ad nauseum ad infinitum.....
compliance will not permit such trades and are automatically electronically alerted to any attempt to do so and will prevent any such trades from occurring.
this guy is smokin' something from paraguay, that is for sure to even notice such comments much less commence litigation for them.
he can't win in court, you can take that to the bank
Posted by bird dog at 2011-03-23 21:42
Far better he pay attention to this than to try to increase shareholder value and his stock price I guess. Then again look at his chart and maybe this is the only thing creating interest in the stock. Not to accuse him of anything but is the company paying for the lawsuit or is Mr. Ickle? As others have said nobody shorts a $0.06 stock, its almost zero already
Posted by Ya right at 2011-03-24 10:24
RE: John Icke sues Canaccord and Shaw
1/25/2011 11:54:24 AM | | 369 reads | Post #29165173
John feels that his personal reputation has been impinged upon. John is using his own funds and a lawyer who is not involved with any of the businesses to pursue this matter. The action is completely separated from RIN and CUE.
Posted by FromStockhouse at 2011-03-24 11:47
what reputation? there are over a hundred million shares out in both those companies and they trade at pennies going nowhere fast
just another couple of dogs with fleas
litigating this is nonsense, he can't win, and his time could be better spent working for the shareholders that pay his bills.
now get back to work and stop pretending that you've got a reason to sue anyone.
Posted by bird dog at 2011-03-24 17:10
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