Business Services Industry
Infotopia Files Lawsuit Against Raging Bull, Lycos Network and Several Message Board Posters; The Company Seeks Preliminary Injunctions
Business Wire, June 25, 2001
Business/Technology Editors
BOSTON--(BUSINESS WIRE)--June 25, 2001
Infotopia, Inc. (OTC:IFTP) ("Infotopia" or the "Company"), today announced that it filed the complaint in the Bristol County Superior Court, Taunton, Massachusetts against Raging Bull.com ("Raging Bull"), Lycos Terra Network, Inc. ("Lycos") and several individuals utilizing message boards for the purpose of posting various misleading and harmful information about Infotopia and its officers and directors. The Company claims in the filed complaint that information disseminated by several individuals through Raging Bull's message boards has damaged Infotopia's name and its stock value.
The Company has also filed motion for a preliminary injunction to compel the defendants, Lycos and Raging Bull to disclose the names and addresses of the several individuals posting on Raging Bull. As the part of the same motion the Company requested to compel the defendants to immediately remove untrue and defamatory messages from their websites, until the trial or further order from the Court. The Company has sought a restraining order against the named Lycos and Raging Bull preventing them from publishing any further messages written by various individuals named in the lawsuit, until resolution of the lawsuit. Strojny & Strojny of Taunton, Massachusetts, has filed the lawsuit on behalf of Infotopia and its CEO, Daniel Hoyng.
Clinton Smith, General Counsel and Director for Infotopia, Inc. stated, "The Company and Daniel Hoyng have been under attack for sometime, we have tried diligently not to pursue legal actions, but the blatant personal attacks, death threats and outright misinformation being posted over and over, must stop. We gave the "bashers" plenty of notice and hoped they would stop. The damage it has caused Infotopia and Mr. Hoyng is great. We intend to pursue this litigation vigorously; it is time Lycos takes responsibility for the removal of the out right lies and personal attacks, even failing to remove the "implied death and murder threats", that they allow to be posted each and everyday. The Company has notified on numerous occasions of the misinformation but Lycos has failed to take any action to stop."
ABOUT INFOTOPIA
The Company's mission is to produce, market, and distribute an expanding line of high-quality, innovative health, fitness and consumer products. Infotopia seeks out products that deliver superior value, outstanding quality, and competitive prices to best satisfy customer demand. The Company markets its products to consumers through a variety marketing channels, including infomercials, distributor alliances, and Internet e-commerce. The management at Infotopia is committed to increasing corporate revenues and profits. The company's website is located at http://www.infotopia.tv.
This news release includes forward-looking statements that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company's ability to produce and market products and/or services and other risks detailed from time to time in their Company's reports filed with the Securities Exchange Commission.
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