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Invictus Financial Inc (2)
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Invictus ex-subsidiary Stockhouse sues MacAskill

2012-03-15 14:04 ET - Street Wire

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It's about time Stockhouse got rid of this convicted Crininal who served 6 months in jail for gst fraud

Posted by Saml at 2012-03-15 22:15

To: Mr. Mike Caswell,

Thank you for posting your public Street Wire. Many are happy that swift action is being executed to deal with this harassing blogger. He has been hurting many investors and company's with his actions.

Respectfully, can you keep an eye on these proceedings and continue reporting through your Street Wire about this case on going? Many investors are interested to follow these proceedings.

Thank you,

Hurt Investor

Posted by Hurt Investor at 2012-03-16 10:38

It might not be so easy many may be thinking to prosecute this action. As mentioned in the story, he knows the legal system well, and although much of his approach is aggressive, so too is much of the content of his posts factual. Read the summary of the complaint carefully, as he is not being sued for libel, or defamation nor is any such claim being made so far as I can detect. The company is seeking relief from the irritation, bother and related expenditures, if any, that his activities alledgedly cause, by way of an injunction.

Costs and damages are an unlikely result. In any event, he is judgement proof, financially. Furthermore, nobody goes to jail in this country for engaging in such activity and it isn't a crime to be indigent, or without the means to pay any fine or penalty.

The best result the company can expect is for a sympathetic court to command this man to cease and desist. I'm skeptical that any court could even threaten jail time for someone not to comply with any such direction from a judge. Having said that, I wouldn't reccommend challenging any judge on this as it is possible to be incarcerated for contempt of court and I doubt even this gentleman will ignore such an order, if the plaintiff should succeed in having the court grant one.

I've always been curious why people get their panties in a knot over this anyhow. If you don't like it, don't read it.

In my opinion, and from my observations so far, most of his attacks, however displayed, are directed at those deserving of them.

Posted by catbird at 2012-03-16 14:55

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