The Ethical Hacker Network - LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

nebu10uz

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LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« on: July 12, 2010, 10:58:26 AM »

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ATLANTA, July 12, 2010 (GLOBE NEWSWIRE) -- LIGATT Security International (Pink Sheets:LGTT), a cyber security company, today announced that the company has filed a civil and criminal complaint against IT consultants Chris Riley and Ben Rothke as well as former Cyber Group Network employees, Randolph Morris, Nisha Kappor and others for alleged stock bashing.

According to LIGATT, the alleged stock bashers do not own any stock within the company and bash LIGATT Security on investor websites in order to manipulate the company's stock for their own personal reasons. One alleged basher has posted over 500 posts within the last 6 months on investor sites such as Investors Hub, Yahoo.com , and many more.

"These bashers think because they use different usernames and setup accounts with false information they can't be tracked, but this is what LIGATT Security does every day," says Gregory Evans, CEO of LIGATT Security International.

For the rest of the story go here:

http://www.forbes.com/feeds/globenewswire/2010/07/12/ligatt_security_international_and_gregory_evans_sue_alleged_196136.html

This is ridiculous, something must be done!


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BillV

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #1 on: July 12, 2010, 03:22:13 PM »

I didn't know you could "stock bash" a stock that isn't even listed. They're a pink sheet and don't have to meet SEC requirements, yet the article says they've "reported these people to the SEC." Why would the SEC care if they aren't a listed stock?

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Typically, companies are on the Pink Sheets because either they are too small to be listed on a national exchange or they do not wish to make their budgets and accounting statements public.

Which category do you suppose Ligatt falls under? Wink


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BillV

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #2 on: July 12, 2010, 03:35:15 PM »

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Pink Sheets tend to be closely held, extremely small, thinly traded, or bankrupt.

http://en.wikipedia.org/wiki/Pink_Sheets


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chrisj

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #3 on: July 12, 2010, 04:23:09 PM »

maybe my add-ons are blocking it, but I don't see a submitter. I'd be willing to get sued, to point the staff of Forbes towards the BS that Evans claims. Attrition.org would be a good start.


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jimbob

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #4 on: July 12, 2010, 04:36:37 PM »

And already the sock puppets are out.

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This is great news! People should pay for detroying the lives of others.

I'm tired of hearing about this guy and his bullshit. Anyone else feel the same way?

Jimbob


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Ketchup

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #5 on: July 12, 2010, 05:05:41 PM »

I am very tired of this idiot as well. This guys is basically committing fraud. He needs to be stopped.


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yatz

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #6 on: July 12, 2010, 05:11:32 PM »

Quote from: jimbob on July 12, 2010, 04:36:37 PM

I'm tired of hearing about this guy and his <expletive>. Anyone else feel the same way?

YES!!!

Quote from: Ketchup on July 12, 2010, 05:05:41 PM

I am very tired of this idiot as well. This guys is basically committing fraud. He needs to be stopped.

My hope is that the lawsuits will backfire. Now that the courts can have a say, the marketing veil will be pulled back and the real truth may actually come out.


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Ketchup

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #7 on: July 12, 2010, 05:20:48 PM »

To quote South Park:

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"Your ego is so out of whack that it will do whatever it can to protect itself. And people with a messed up ego can do these mental gymnastics to convince themselves they're awesome when really, they're just douchebags!"


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chrisj

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #8 on: July 12, 2010, 06:16:14 PM »

Quote from: yatz on July 12, 2010, 05:11:32 PM

My hope is that the lawsuits will backfire. Now that the courts can have a say, the marketing veil will be pulled back and the real truth may actually come out.

I know it says criminal and civil. Wouldn't surprise me though if he filed in the local small claims. It'll be interesting to see how some of it works out though, since at least 1 person is in Europe.


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jimbob

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #9 on: July 13, 2010, 01:56:46 AM »

The lawsuit has been filed with Gwinnett Courts.

http://www.gwinnettcourts.com/#casedetail/case:10-a-06012-5/

Mr. Evans has John A. Moore acting as his lawyer in this matter.

http://www.moorelawllc.com/

More in google no doubt.

Jimbob


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rvs

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Re: LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers

« Reply #10 on: July 13, 2010, 11:21:44 PM »

side news: http://bit.ly/dawyFy


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