Firm got embargoed press releases
p2pnet.net news:- A Hong-Kong chartered company hacked computer systems to get embargoed press releases, including some from Symantec and RealNetworks, so it could trade the information through an online account, says Dow Jones/Associated Press.
The Securities and Exchange Commission has sued the company, Blue Bottle Ltd, “purportedly located in London,” and Matthew Charles Stokes, 30, the sole owner, alleging improper trades in at least 12 different publicly traded US companies, says the story, going on:
“A federal judge on Monday granted the SEC’s request for a temporary restraining order against Blue Bottle and an asset freeze, said Kenneth Lench, an SEC lawyer. A preliminary injunction hearing in the matter is scheduled for March 7, he said.”
Blue Bottle’s articles of association list an address for Stokes in Dubai, United Arab Emirates, the SEC said.
Also See:
Dow Jones/Associated Press – SEC sues company for hacking systems to get news releases, February 26, 2007
If your Net access is blocked by government restrictions, try Psiphon from the Citizen Lab at thIs the end (of the Net) nigh?zze University of Toronto’s Munk Centre for International Studies. Go here for the official download, here for the p2pnet download, and here for details. And if you’re Chinese and you’re looking for a way to access independent Internet news sources, try Freegate, the DIT program written to help Chinese citizens circumvent web site blocking outside of China. Download it here.
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Tired of being treated like a criminal? They depend on you, not the other way around. Don’t buy their ‘product’. Do bug your local politicians. Use emails, snail-mail, phone calls, faxes, IM, stop them in the street, blog. And if you’re into organizing, organize petitions, organize demonstrations and then turn up on your local political rep’s doorstep, making sure you’ve contacted your local tv/radio station/newspaper in advance. Don’t just complain. Do something!
