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.
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This is ridiculous, something must be done!