News & Updates - Tuesday, June 13, 2006
FutureMedia Fights Chat Extortion Attempt
FutureMedia (Nasdaq: FMDAY) has entered into new grounds by suing a Dutch-man for using Yahoo Finance and other message boards to impersonate company officials and deride the company. He even has posted bogus press releases, they say. The man allegedly has asked Future Media for cash and shares to go away.
The Dutch man might have picked on the wrong dog, as Future Media has been fighting against being delisted from Nasdaq due to poor performance.
Read - Futuremedia Announces Legal Actions Against Attempted Extortion
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