07:34:54 EDT Thu 25 Apr 2024
Enter Symbol
or Name

Multivision Communications Corp (2)
Symbol MTV
Shares Issued 5,646,296
Close 2011-10-20 C$ 0.185
Market Cap C$ 1,044,565
Recent Sedar Documents

Multivision's Nazerali wins order against U.S. site

2011-10-21 20:46 ET - Street Wire

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

Vancouver promoter Altaf Nazerali has won a court order that has at least temporarily shut down the deepcapture.com website. He complained that the site, which purports to expose stock market wrongdoing, posted material portraying him as a criminal and a fraud artist. The order, handed down in the Supreme Court of British Columbia on Wednesday, Oct. 19, instructs the site's host to block access to any material referring to Mr. Nazerali and prohibits the domain's registrar from allowing a transfer of the domain.

While it is not clear how much of deepcapture.com directly referred to Mr. Nazerali, attempts to access any part of the site only returned a blank screen on Friday. The order was granted without any prior notice to deepcapture.com. Unless extended, it remains in effect until Dec. 2, 2011.

Nazerali's claim

The order came the same day that Mr. Nazerali filed a notice of claim against the site and its operators. He claimed that deepcapture.com linked him with Mafia figures and an associate of Osama bin Laden, among others. The defendants included naked short-selling conspiracist Patrick Byrne, who is the publisher of the site. (Mr. Byrne is also the chief executive officer of Internet retailer Overstock.com Inc.) Also a defendant was Illinois resident Mark Mitchell, who the suit identified as the author of much of the material that Mr. Nazerali complained of.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

The lady doth protest too much, methinks

Posted by ron at 2011-10-21 21:38

Comments for this item are closed