Feeds

UK shares bulletin board faces legal bullet

The legal scribbling could be on the wallpaper

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Popular shares site Hemscott, run by Hemmington Scott, is facing legal action from a wallpaper company, the Daily Mail reports. Walker Greenbank is threatening to sue Hemmington Scott for alleged defamation published on its bulletin board, and it wants Hemscott to reveal the identities of the message posters, who often use pen names. The move follows controversy in the US over individuals who attempt to pump the price of shares so they can then clean up, as other readers of the bulletin boards pile into what they consider to be "hot tips". Of course, the Hemscott Walker Greenbank comments are the opposite of "pump and dump". They are more along the lines of "dump and dump". Like many other similar boards worldwide, there are messages separating the opinions of posters from the firm that hosts the posts. UK law so far has no powers to intervene in these type of cases, although the Financial Services Bill, likely to become an Act of Parliament later on this year, is expected to have more clout than the current legislation. ® * Register FactOid 111. Every time we think a technology stock is worth a flutter, the price seems to fall.

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.