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9/17/13

"What Liberty Silver (LSL.to) court case is that, Otto?", you say.

This one:

Monday, September 16, 2013
WEST PALM BEACH, Fla. (CN) - Liberty Silver sold stocks "at an increased price, pocketing unlawful profits amounting to tens of millions of dollars," investors claim in Federal Court.
     Lead plaintiff Todd Stanaford sued Liberty Silver Corp., Robert Genovese, Tiffeni Graves, Marnie Markin, Geoffrey Browne, BG Capital Group and Look Back Investments under the Securities Exchange Act.
     "Genovese is believed to have used a pump and dump pattern of stock manipulations in Liberty Silver, as well as in numerous other schemes," the complaint states.
     Clearly Canadian Brands, Neptune Society, Envoy Communications, Spectrum Sciences & Software, and American Lithium Minerals are just a few of Genovese's other alleged schemes. They are not parties to the lawsuit.
     Stanaford says the other defendants "should have been known" or did know what Genovese was up to.
     "Genovese is a penny stock promoter and is notorious for operating on the fringes of the financial markets, making millions of dollars by touting penny stocks," the complaint states.
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