LawsuitsI'd like to thank Quakes for his perspective and caution on this subject in general. While I have no idea how much attention FCU pays to this board, I hope as a shareholder they follow it closely. If they didn't it would be a disservice to all shareholders.
As for lawsuits, I've been through two (in another life), neither of which came to anything, but both of which caused a lot of anxiety and big legal bills - without ever going to court. (They were both in the realm of libel chill, filed to silence criticism. There was no real case but they dragged on for years before the were dropped, and they served their purpose. If you are sued, you tend pull back on criticism so as not to worsen whatever your situation may be.)
The lesson is that you don't have to libel someone to be out a lot of money. You just have to provoke them into suing you, and any lawyer can fill out those papers in a hurry. Canada, by the way, has some if the worst (for the accused) libel laws in the democratic world. To a significant extent, the onus is on the accused to prove innocence rather than the accuser to prove guilt.
Bottom line: You don't even have to be guilty to face years of stress and legal bills. FCU may never sue, no no matter how much they are libelled on s board like this, but I for one would not take the chance.
It's a salutary moment when, out of nowhere, in your office, at your home, or on the street, someone comes up to you, asks you your name, and then hands you the legal notice that you are being sued for libel.