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Slate Grocery REIT T.SGR


Primary Symbol: T.SGR.UN Alternate Symbol(s):  SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

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Post by trytomakeabuckon Mar 01, 2013 9:01am
257 Views
Post# 21061023

DO NOT TRUST SIMONQUINN!!!!

DO NOT TRUST SIMONQUINN!!!!

He can't even afford his own internet.

 

 

Route1 awarded $200,000 in defamation case

2013-02-11 09:38 AT - News Release

 

Mr. Tony Busseri reports

ROUTE1 ANNOUNCES JUDGMENT IN DEFAMATION LAWSUIT

Route1 Inc. has recently received a final judgment from the Ontario Superior Court in court file No. CV 12-460481, filed against Bruce Prince on Aug. 3, 2012. Justice Stinson awarded $200,000 in general damages for defamation and granted a permanent injunction restraining Mr. Prince from publishing defamatory statements about Route1's chief executive officer Tony Busseri on the Internet. Mr. Prince had posted a series of defamatory statements about Mr. Busseri on Stockhouse anonymously under the moniker "simonquinn." Route1 was able to verify the identity of Mr. Prince and obtained an interim injunction to restrain him from making further defamatory postings. Route1 was awarded costs of $5,300 on the motion for an interim injunction and costs of $3,500 on the motion to obtain judgment. Route1 is taking steps to enforce the monetary component of judgment and the prior costs award.


 

Web-based Proof of Identity for Service of Documents

The Ontario Superior Court of Justice granted an interim injunction in Busseri v. John Doe (no hyperlink available), relying on inferences drawn from the nature of activity on the web both to establish the identity of the defendant in the case and to justify the injunction. The applicant was the CEO of a publicly traded corporation called Route 1: the website Stockhouse.com maintains bulletin boards devoted to discussion of individual corporations, one of which dealt with Route 1. A Stockhouse.com user named simonquinn had posted a number of allegations about Busseri on Stockhouse.com, and Busseri brought an action for defamation and applied for an interim injunction.

The first issue in the application was whether Busseri had actually served notice on the person who had made the postings and against whom the injunction was brought. The evidence was that Busseri had received emails from princebrucelawrence@yahoo.com which contained text identical to messages posted by simonquinn. Further, simonquinn had posted texts of emails on the Stockhouse.com which he claimed he had emailed to Busseri. There was also technical evidence connecting posts on Stockhouse.com with the email address princebrucelawrence@yahoo.com, and so the application judge concluded that simonquinn and the user of the email address princebrucelawrence@yahoo.com were the same person.

The IP address associated with princebrucelawrence@yahoo.com was registered to Kim Rathburn of 177 1/2 Pitt Street, St. John, New Brunswick. She indicated that she has a wireless Internet router which until recently had not been password protected. The application judge then noted that a Google search of princebrucelawrence@yahoo.com revealed a posting with that email address in a classified ad website for Saint John, New Brunswick, and that a search of Canada411.ca showed a Bruce Prince living at 177 Pitt Street in Saint John, New Brunswick.

Finally, counsel for Busseri sent several messages to Prince at princebrucelawrence@yahoo.com, requesting his address for service and informing him of proposed court dates. Prince replied in ways which were, as the application judge noted “to put it mildly, dismissive of this Court’s process”: specifically, Prince repeatedly replied “go f#ck yourself”, and referred to posting on Stockhouse.com. The application judge concluded that Prince was thereby effectively identifying himself as simonquinn, and therefore concluded that proper service had taken place.

The application judge also found that he had jurisdiction to grant the interim injunction, and did so. The tort was partly committed in Ontario, and that was where Route 1 carried on business. The statements made were defamatory, and the fact that they had been posted on the internet and would otherwise continue to be met the test for irreparable harm. The trial judge noted that the evidence showed the postings had been viewed over 500,000 times and had prompted considerable further discussion, as well as causing shareholders to contact Busseri. As a result the interim injunction was granted.

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