Defamation Suit Over Seeking Alpha Blog Post Thrown Out

Law360, New York (July 1, 2014, 9:27 PM EDT) -- A New York judge has dismissed a biopharmaceutical company’s suit seeking to compel financial news site Seeking Alpha to disclose the identity of a contributor who posted commentary attacking the company and key executives — a post that preceded a drop in stock price — finding the post was not defamatory.

While sympathetic to NanoViricides Inc., Judge Cynthia S. Kern ruled on June 26 that the anonymous opinions expressed on Seeking Alpha, which functions as a virtual bulletin board for news and opinion on financial markets,...
To view the full article, register now.