Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Legal Issues
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Apr 02, 2010 10:21AM
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Apr 02, 2010 10:38AM
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Apr 02, 2010 12:05PM
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Apr 02, 2010 01:10PM

I would think that Agoracom would be at some risk for potential lawsuits.

For instance, let's assume that some novice investor put $30,000 into the markets. His/her only source for "research" was Agoracom. He/she loses $15,000. His/her partner is pissed. After a bit of acrimony, they realize that the investment decisions which led to the losses were predominantly based upon opinions presented by a hub leader who probably was an Agoracom employee, pumping a company.

Let's also assume that they have file folders with printed hard copies of a number of such key posts. Many small investors do, for reference.

The investor who lost the money suddenly has what they perceive to be a valid case against Agoracom, and supporting evidence. And with the money that we're talking about here, lawyers are affordable. And think of the trading losses that some people have suffered in the past few years. Who's to say which are attributable to the post-subprime market crash, and which are attributable to alleged fraud?

It's a sad situation. This could get very messy for Agoracom.

Yet another example that everything on the internet should be taken with more than a grain of salt.

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Apr 02, 2010 04:55PM
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