Bad news got leaked - Rudee/GoofyRudee
Hope you can post a link to verify your statement "VST is heading lower on the leak of bad drilling news"
Maybe its about time someone investigated the VST bashers on stockhouse
Bulletin Board Legal Action
The board of directors of Nighthawk, the US focused hydrocarbon production and
development company, is pleased to advise of action that has been taken and is
continuing in response to persistent defamatory and untrue postings on the
Interactive Investor Trading Limited ("iii") and ADVFN plc ("ADVFN") bulletin
boards. The postings concern the operations of Nighthawk and its management
which the board considers to be extremely damaging to the Company and its
reputation.
The Company took steps to identify the posters who try to escape liability for
their defamatory postings by hiding behind a cloak of anonymity, using anonymous
email, social networking or bulletin board accounts to disseminate those
postings. In some cases the names and other details used to register these
accounts are fictitious and posters also can try and cover their tracks using
numerous pseudonyms but they can be traced through their IP addresses.
The operators of the bulletin board services can be prevented by confidentiality
and data protection laws from disclosing the names and other personal
information associated with the accounts. However, the English Courts can
exercise their discretion and order such disclosure, provided certain criteria
are met.
In the High Court of Justice on 28 June 2010 Nighthawk obtained a Norwich
Pharmacal order instructing iii and ADVFN to provide information in respect of
various posters, who were posting material that the Court accepted could be
defamatory.
Both iii and ADVFN are assisting the Company with providing the relevant
information including details of the posters.
The identities of various individuals behind these postings have now been
established and the Company and its directors are now considering with their
legal advisers instituting civil proceedings against them for defamation.
Two UK-listed companies have launched investigations into rumours spread in online investment chartrooms, highlighting the influence of bulletin boards on the smaller end of the London stock market.
Online bulletin boards such as ADVFN and iii attract thousands of posts each day from a dedicated audience of retail investors fiercely debating their portfolios.
Nighthawk Energy (LSE: HAWK.L - news) , an Aim-quoted oil company, is considering launching legal action against anonymous bulletin board users whom the group claims have used multiple accounts to spread false rumours about its solvency and management team, people close to the company said.