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Teuton sued $135-million over defamatory comments
2012-12-13 08:46 ET - News Release
Mr. Dino Cremonese reports
TEUTON NAMED IN $135 MILLION LAWSUIT
Teuton Resources Corp. has become aware that it is named as a defendant in the amended amended statement of claim filed Nov. 27, 2012, in Court of Queen's Bench of Alberta in court file No. 1201-07918, Calgary Judicial Centre, in which American Creek Resources Ltd. (AMK), Allan Burton, Darren Blaney, Robert Edwards and Kelvin Burton are plaintiffs, and Teuton, Dino Cremonese, Amanda Mullin, Gary Assaly, Deborah Shilling and John Does one to 64 are defendants.
The lawsuit alleges, among other matters, the posting of defamatory comments by the defendants on the Bullboards maintained by Stockhouse Publishing Ltd. The lawsuit also alleges that Teuton and the named defendants "conspired and acted in concert with one another and others to defame the plaintiffs and intentionally interfere with their economic relations."
Damages of more than $135-million are sought against Teuton as described below.
Against Teuton, AMK seeks general damages of $50-million, punitive damages of $5-million, unspecified special damages and costs.
Against Teuton, on a joint and several basis with the named defendants, each of the four personal plaintiffs seeks general damages of $10-million, aggravated damages of $5-million, punitive damages of $5-million, and unspecified special damages and costs.
Teuton is of the view that the lawsuit is without merit and will vigorously defend itself.
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