GREY:SMBZF - Post by User
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LouisWinthorpeIIIon Jan 29, 2015 12:07pm
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OSSOIL & Highlander47, you better tread lightly
OSSOIL & Highlander47, you better tread lightlyPrior Lawsuits Against Stockhouse Internet Posters
Stockhouse posters have faced legal action over forum postings many times in the past. One well-known case is the lawsuit where Barrick Gold Corp. was awarded $125,000 by the Ontario Superior Court of Justice after the company was libelled on internet chat lines.
In a more recent case, a handful of inflammatory online postings about Farallon Mining Ltd. ("Farallon") have led to the biggest internet defamation award ever handed out in Canada.
The Supreme Court of British Columbia awarded $425,000 in damages for defamatory comments made by an a online poster. On March 30, 2010, an online poster had to pay a total of $425,000 in damages for comments he made at Stockhouse's website.
The targets of the posters online ire were Farallon, Farallon's Chairman and Farallon's management company. Madam Justice C.A. Wedge awarded Farallon and Farallon's management company $75,000 each in general damages and $25,000 each in punitive damages.
Farallon's Chairman was awarded $125,000 in general damages, $75,000 in aggravated damages and $25,000 in punitive damages. In addition to being the biggest internet defamation award in Canadian history, it is the largest defamation award rendered against a single person in Canada.