Investorshub (iHub) has been sued SEVERAL times fo
Post# of 40989
submitted 7 months ago by TheVirginVibes
This was news presented to me from a fellow investor who reached out on Twitter. After doing several Google searches, I was blown away. I found out that they've been sued not once, but SEVERAL times for defamation. Investors Hub has been investigated several times by the SEC and Matt Brown the founder of IHUB saw a four year prison term for manipulation
I couldn't figure out why these board moderators were absolutely bashing the stocks I was reading about. They'd literally just trash the whole thread about the stock over and over again. If anybody had called them out, they'd delete their post immediately. If you go and look at their posts, that's all that their posts are. Just absolute trashing of a stock, calling them a scam and bullying investors into selling their shares.
I didn't realize how big of an influence they had on trading pennystocks. I just thought it was an interesting message board to look into some lotto picks...but as it turns out, it's rather huge and it seems like the people who run the site, know this. When they short a stock they bash the heck out of it, and get panicked traders to sell their shares off. That message board is evil. I figured it was important to pass this information along to anyone who reads that site. Too bad they can't delete this post! I'm talking to you Surfkast, Malc Stone and Munimi. Good luck trading guys, we're all in the same boat. Check the sources below and see for yourselves.
Links to a few lawsuits I dug up that they lost:
JDSupra.com - March 2016
Washington Post - Dec 2014
Forbes - Jan 2012
On4 Communications (ONCI) Stock Research Links
https://twitter.com/twitter/statuses/957208055766241280