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Advance Equities Sues Yahoo Over Message Board Post

Posted on December 30, 2009July 3, 2025 by Dissent

Matt Bartosik writes:

When a financial services company read some recent comments on an Internet chat board, their reaction was far from “Yahoo!”

Advance Equities, Inc. filed suit on Monday, claiming false defamatory statements were posted on Yahoo’s financial chat board on November 9, 2009.

As is the nature of a chat board, the statements were only on the site temporarily, but that isn’t stopping the company from citing Illinois Supreme Court Rule 224, which allows “a person or entity” to “determine the identity of one who may be liable in damages.”

The firm is demanding to know the true identity behind [email protected], who made the unpleasant remarks about the Loop business.

Read more on NBC Chicago.

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