Remember- the initial press release was synchroniz
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1) noticed that there was a new article about a company they had never heard of
2) read the 14,000 words (it took ME a long time and I'm a very fast reader)
3) drafted a press release
4) located a lead plaintiff
5) issued the press release.
You think you could do that in an hour? Depending on whether the "Law Firm" is a real company, or a one-man bucket shop, a real law firm would have had to have a partners' meeting to decide whether to proceed with this.
I also point out that the initial press release said that the Mako article had "REVEALED" that CTIX was supposedly a shell company. That incautious language means that they endorsed that opinion, and that their further dissemination of this to international media means that they were reiterating a libelous claim as fact. Therefore, THEY are also liable for libel.
A lawsuit would "reveal" whether they had advance knowledge that the article was coming, which would make them a co-conspirator. I'd sure like to know the answer.