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Declaring he can’t afford to defend the case, a Delaware construction worker said today he will apologize to a publicly traded company that sued him for defamation over unflattering comments he anonymously posted on an anything-goes financial message board.
The man, Ottavio Calvarese of New Castle, Del., said the apology will settle without a cash payment a defamation lawsuit that tiny Lecere Corp. of Portland , Ore., filed against him after he put withering remarks about the firm on InvestorsHub , also known as iHub.