SA is named in a new legal action. "23. Seeki
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Posted On: 04/11/2017 9:23:36 AM
SA is named in a new legal action.
"23. Seeking Alpha Inc. is a Delaware corporation doing business in New York, New York, and Seeking Alpha Ltd. is an Israeli corporation (together, “Seeking Alpha”). Seeking Alpha operates a website at the URL “www.seekingalpha.com” that features, among other things, articles about stocks, assets classes and investments in publicly-traded issuers. Meyer, Mylant and others, while writing for CSIR and other promoters, submitted articles to Seeking Alpha for posting on Seeking Alpha’s website. At all relevant times, those who used Seeking Alpha’s website agreed to submit to the exclusive jurisdiction of the state and federal courts located in New York County, New York. In addition, at all relevant times, Seeking Alpha had a substantial number of paid subscribers located in New York, New York. At one time, Seeking Alpha permitted the publication of articles for which a writer had been compensated, as long as that compensation was disclosed. However, in or around June 2012, Seeking Alpha announced it would no longer permit publication of articles for which compensation had been paid. Writers subsequently were required to select one of the two following radio boxes during the article submission process:"
24. In addition, from no later than November 25, 2012 through at least March 2014,
Seeking Alpha’s Terms of Use provided that account holders “may only maintain a single account.” As set forth below, Meyer and Mylant, among others, violated this policy by maintaining more than one account, and using their accounts to publish articles on Seeking Alpha’s website under more than one pseudonym."
I wonder if Mako was indeed Street Sweeper?
https://www.sec.gov/litigation/complaints/201...7-79-b.pdf
"23. Seeking Alpha Inc. is a Delaware corporation doing business in New York, New York, and Seeking Alpha Ltd. is an Israeli corporation (together, “Seeking Alpha”). Seeking Alpha operates a website at the URL “www.seekingalpha.com” that features, among other things, articles about stocks, assets classes and investments in publicly-traded issuers. Meyer, Mylant and others, while writing for CSIR and other promoters, submitted articles to Seeking Alpha for posting on Seeking Alpha’s website. At all relevant times, those who used Seeking Alpha’s website agreed to submit to the exclusive jurisdiction of the state and federal courts located in New York County, New York. In addition, at all relevant times, Seeking Alpha had a substantial number of paid subscribers located in New York, New York. At one time, Seeking Alpha permitted the publication of articles for which a writer had been compensated, as long as that compensation was disclosed. However, in or around June 2012, Seeking Alpha announced it would no longer permit publication of articles for which compensation had been paid. Writers subsequently were required to select one of the two following radio boxes during the article submission process:"
24. In addition, from no later than November 25, 2012 through at least March 2014,
Seeking Alpha’s Terms of Use provided that account holders “may only maintain a single account.” As set forth below, Meyer and Mylant, among others, violated this policy by maintaining more than one account, and using their accounts to publish articles on Seeking Alpha’s website under more than one pseudonym."
I wonder if Mako was indeed Street Sweeper?
https://www.sec.gov/litigation/complaints/201...7-79-b.pdf
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