Anonymous Blog Post Hurt Drug Co.'s Stock, Petition Says

Law360, New York (March 5, 2014, 2:11 PM EST) -- Biopharmaceutical company NanoViricides Inc. filed a petition Wednesday in New York court to compel financial news site Seeking Alpha to disclose the identity of a contributor who posted an allegedly “defamatory, malicious and libelous” article that drove down NanoViricides' stock last month.

The West Haven, Conn.-based NanoViricides, which is developing potential antiviral drugs, filed a petition for pre-action disclosure in New York Supreme Court to force Seeking Alpha to disclose the identity of an anonymous contributor — who goes by the pseudonym Pump Terminator and claimed...
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