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Bullboard - Stock Discussion Forum Algernon Pharmaceuticals Inc. C.AGN

Alternate Symbol(s):  AGNPF

Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N... see more

CSE:AGN - Post Discussion

Algernon Pharmaceuticals Inc. > libel defamatiin suit
View:
Post by pigsandsheep on Jul 16, 2022 12:05pm

libel defamatiin suit

Defamation Damage Awards

Cases published to February 9, 2022

Click on a Case Name for full text (links off site).

2022 February 9
Canada Easy Investment Store Corporation v. MacAskill2022 BCSC 202

The British Columbia Supreme Court awarded defamation damages aggregating $190,000 to the plaintiffs over false and inflammatory statements on various blogs and websites and in emails containing links to the blog posts. General damages were assessed at $150,000 split equally between the corporate plaintiff and the individual plaintiff, an officer and director of the company.  The defendant, who did not show up for the summary trial, had asserted that one of his blogs served “6,000 eyeballs per day” and the Court held there was “an overwhelming body of evidence … that the posts authored [by the defendant] were published on the internet and read by many people.”  Each plaintiff was also awarded $5,000 aggravated damages on the basis the defendant was motivated by actual mala fides and also displayed a reckless disregard for the truth.  Each plaintiff was also awarded $15,000 punitive damages in order to “deter [the defendant] from engaging in … manipulative, harmful and socially destructive behaviour in the future.”  Special costs were also ordered in favour of the plaintiffs, as well as a permanent injunction.  The Court also made an order that the plaintiffs had made out a prima facie case that the defendant had deliberately violated a pre-trial injunction and expressed the hope he would be deterred from further harassing conduct, rendering a final finding of contempt unnecessary.

 

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