Jul 032014
 July 3, 2014  Posted by  Court, Online

Jeff Kosseff writes:

A New York state trial court last week rejected a publicly traded company’s request to obtain the identity of an individual who anonymously wrote negative comments about the company on an online financial bulletin board.

In February 2014, an individual with the pseudonym “Pump Terminator” posted an article about Nanoviricides, Inc. on www.seekingalpha.com, a financial website.  The article was titled “NanoViricides: House of Cards with -80% Downside, ‘Strong Sell’ Recommendation,” and directly below the article, the author wrote “Disclosure: I am short NNVC.  I wrote this article myself, and it expresses my own opinions.  I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.”

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