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Financial Services Group WCS Sues Online Forum Over Negative Post
First time accepted submitter kavzee writes The popular Australian online discussion forum, Whirlpool, is being sued by a financial services group for refusing to remove a negative review about its services. A similar story occurred a number of years ago when another company by the name of 2Clix attempted to sue Whirlpool for the same reasons but later withdrew their case. "A financial services business licenced through National Australia Bank is suing an online forum for refusing to remove an allegedly fake and negative post about its services, claiming it has damaged its reputation with would-be clients. It is the latest legal action launched against an online forum or review website for publishing negative comments, following several high profile cases in Australia and overseas. Financial advice group WCS Group has initiated action against Whirlpool in the Supreme Court of Victoria, seeking unspecified damages and costs, despite the fact the forum generates no revenue."
In an age where companies collect and trade info about customers, it seems only fair that customers should be able to trade info about companies and governments. I hate it when my bank sends info about me to their financial investment partners. Banking and investing are separate business, however there is money to be made off suckers and to avoid people with financial or legal problems.
The most egregious of these are doctors, who recommend unnecessary procedures just because you have the money to afford them. A patient puts his trust in a doctor, yet it seems as if oftentimes this trust is misplaced. I noticed that Angie's List no longer maintains reviews on doctors. They must have been sued into silence.
The other day, Fox news ran a story about a lawyer who was charging his client money for sleeping with her. Funny story, but it would have been even funnier had they released the name of the lawyer. Whatever happened to free speech and defending to the death our right for it.
I'm thinking it was around the time everyone there were either prisoners, or people hired to look after said prisoners ...
That's irrelevant. All that matters is who has the bigger wallet the hire better lawyer. Even OJ won in court.
A word to the wise, anyone using the phrase "I'm not a racist" usually is. Not that you seriously believed any of that stuff you posted.
Here's some more advice: racist trolling stopped being in vogue over ten years ago. Consider changing to something a bit more up to date.
My nest egg is managed by a firm who (like many firms) charge a standard fee based on the amount of money under management.
If that fee is more than 0.1%, then you are still getting screwed.
You're 226.3% correct, sir. Because if I use a firm who charges 0.05% and gives me a 3% return, that's better than a firm that charges 1% and gives me a 10% return. I'm so glad to have your wonderful advice. May I turn over all my assets to you so you can manage them for me?
No, no, you're not thinking; you're just being logical. --Niels Bohr