On the subject of Logic and Criminal Lies23 Oct 2022 17:38
I think you can assume that any company listed on any market subject to any regulatory authority will make claims that any reasonable or otherwise upset investor might consider to be criminal lies. Unfortunately the wording is or should be chosen by the company or their advisors to avoid falling into that category but remaining within a grey area that, subject to interpretation, let's them get away with it.
Lukehere gives you a prime example,
"Patience, I believe, will deliver a fair reward in due course."
An expression of personal belief or expectations that does not come true just makes you rubbish, or in fact good, at your job. It might just be a question of time before your investors realise you are rubbish to them, or good for yourself, and abandon you as not being worth the hodl. However cryptocash.
Of course companies are not likely to pay much attention to randoms on bulletin boards expressing opinions that they might consider to be slander or libel. You are not really worth it unless you actually have some impact. My understanding is likely to be wrong but,
https://hfis.co.uk/knowledge/when-is-defamation-a-crime/
Slander/Libel, or defamation, is no longer a Criminal offence in the UK and therefore is dealt with under Civil law and that costs a lot of money. You will likely know of some recent examples. Of course if you push hard enough someone will come and break you.
Otherwise some other random may suggest you don't upset their losses.
Of course there is an interesting dichotomy at play here in as much as calling a company director a liar results in no action against some random on a bulletin board whereas randoms on bulletin boards also get to make false claims about the company and when advised the company will inform you that the company did not say that and, again, will not take action.
You can see this over the years on the general morass that comprises ADVFN. Complaints about members of the company which might or should be considered to be defamatory and claims about the company that are misleading or are blatantly untrue. No action is taken because, perhaps, a view is taken and taking the action would not be worth another placing but owning an open standard, whilst a lie stated by someone who is not part of the company, could be good for the share price.
I'll just leave this here,
https://www.gov.uk/guidance/manual-of-patent-practice-mopp/section-110-unauthorised-claim-of-patent-rights
"Section 110(1)
If a person falsely represents that anything disposed of by him for value is a patented product he shall, subject to the following provisions of this section, be liable on summary conviction to a fine not exceeding level 3 on the standard scale."
https://www.cps.gov.uk/legal-guidance/summary-offences-and-crown-court,
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