Invictus ex-subsidiary Stockhouse censoring, says user
2012-04-11 14:40 ET - Street Wire
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by Mike Caswell
Vancouver resident Daryl MacAskill has filed a counterclaim against Stockhouse Publishing Ltd., operator of the Stockhouse website, claiming that the site's operators are harming the public by censoring truthful information. He says that this censorship is "contrary to the public good" and is causing economic harm.
The counterclaim comes in response to a lawsuit Stockhouse launched against Mr. MacAskill in the Supreme Court of British Columbia last month seeking a court order that would bar him from the website. The suit complained that he had become a substantial drain on the site's resources by creating numerous accounts, at the rate of up to 184 per day. He used the accounts to post material that was either defamatory, inaccurate, threatening or inflammatory, Stockhouse claimed.
Mr. MacAskill, in a self-filed counterclaim, says that the lawsuit is an abuse of process. As he sees it, Stockhouse is misusing litigation "to protect personal reputations from the truth" while deliberately harming him. He claims to have suffered permanent damage to his reputation as a result.
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t appears what is deemed appropriate is a one sided affair. The persecutor: allowed his happy place with no thought to of how much damage said writer can inflict upon anyone deemed a target with little to no consequence. Yet from their perspective “this censorship is "contrary to the public good" and is causing economic harm.”
What is causing harm is the vilifying of Companies and their employees by contributors who from all appearances have nothing better to do than take up this particular hobby,
creating a large volume of accounts using innumerable e-mail addresses to post material to forums that was either defamatory, inaccurate, threatening or inflammatory. Mr. or Mrs. Joe Blow, the unfortunate victim of way too much time on their hands, addicted and shaking, turns on said computer looking for any cheap thrill . Mostly cowards venting frustration to the fly in their soup to the guy who cut them off in traffic, seeking solace in maybe swigging back a few belts in the comfort of one’s home, slumping bleary eyed over their keyboard and with the mere stroke of one or 2 fingers screams “off with their head!” Like a sniper, they take aim at anything that flies above the radar screen or another contributor that gets in their way sneering and drooling in delight as they squeeze off the trigger.
“He claims to have suffered permanent damage to his reputation as a result.”
How elegant, the contributor is free to inflict any damage he or she so wishes while readers worldwide sit aghast with their fingers resting on the SELL button. Reputations have been maligned, Corporate images slurred, markets experience sell offs, horrified long term shareholders lose money, traders and shorters chortle with glee and yet there is no accountability on the part of this thrill seeking power hungry “Mr. 2 Cents Worth” poster.
And he is worried about his reputation? Hello!
I say forget the Companies using the shareholders money to sue these power seeking boneheads. It is time for a class action law suit to seek out those who so blatantly seek to damage the reputation of those they target. The free ride is over to unadulterated speech. Nothing in life is free.
Just ask the real shareholders who suffer the true consequences.
And it ain’t free.
Posted by Book Critic at 2012-04-12 16:48
@Book Critic
"...How elegant, the contributor is free to inflict any damage he or she so wishes while readers worldwide sit aghast with their fingers resting on the SELL button. Reputations have been maligned, Corporate images slurred, markets experience sell offs, horrified long term shareholders lose money, traders and shorters chortle with glee...Just ask the real shareholders who suffer the true consequences. And it ain’t free."
How utterly elegant. Unfortunately, as Mr. Caswell so eloquently stated, "Stockhouse no longer trades, the company having gone private in 2010."
Which means that those aghast readers sitting there with their fingers on the SELL buttons might (if they're waiting to execute the sale of their non-trading Stockhouse paper) get more action or satisfaction by sticking those fingers up there where the sun don't shine rather than waiting for the paper to become free-trading again.
Posted by Harpinder at 2012-04-16 15:23
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