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Easton Pharmaceuticals Announces Legal Action Against Seeking Alpha Writer as a Response to Libelous Article
Easton Pharmaceuticals Announces Legal Action Against Seeking Alpha Writer as a Response to Libelous Article.
About this update from Easton Pharmaceuticals Inc
[{"type":"text","content":"\n \n \n Easton Pharmaceuticals Announces Legal Action Against Seeking Alpha Writer as a Response to Libelous Article\n \n \nEaston Pharmaceuticals Announces Legal Action Against Seeking Alpha Writer as a Response to Libelous Article\n \n TORONTO, ON--(Marketwired - Jul 8, 2014) - Easton Pharmaceuticals (OTC: EAPH) announces corporate response to libelous seeking alpha article.\n As a response to a second seeking alpha written by a Mr. Matt Finston, Easton Pharmaceuticals has entered in discussions to join with 1 to 2 other companies in a joint legal response to Matt Finston and articles written and posted by him on seeking alpha against Easton Pharmaceuticals and these other companys. \n As disclosed in a prior press release, Easton Pharmaceuticals was the victim of a slanderous article by a Matt Finston of seeking alpha posted in March of 2014. It has now come to the company's attention that a second article attacking the company was once again posted today. The writer, Mr. Matt Finston and seeking alpha who normally only post or write on mid to large cap stocks, posted an article on the Company that was not only once again inaccurate, but made libelous allegations against its products and others involved in the company. The second article on Easton Pharmaceuticals, released this morning has once again been released after a recent uptrend in the companies trading stock. Both times the articles were followed by massive short or negative posts on many investor chat boards in an attempt to dis-credit the company. The most recent article goes to great lengths to cause as much damage as possible to the company which is thought by the company's attorney as well as by others to be out of the ordinary. As a response to this clear attempt to hurt shareholders and the companies attempt to grow its business, Easton believes it will soon join with other companies who have either sued Mr. Finston as a response to similar attacks or are in the process of launching lawsuits. Mr. Finston has not only repeatedly stated the incorrect cash position of the company, the wrong names for the company's directors, but has also posted the wrong names of products or posted that the company still owns products that were previously sold. Other information was also mentioned in the article including allegations that the company has been involved with ...