The case is being brought in a Chicago court on the grounds that
Gary Dorby, who uses the moniker “Pugs” on the internet, allegedly
posted “hundreds” of internet messages to “falsely and maliciously
accuse” Richard Marchese of “securities fraud, assault and
affiliation with organised crime.” Marchese was a co-founder of
Power Securities Corporation in the US who last year settled a
civil fraud complaint brought against him as an individual by the
Securities and Exchange Commission in the US.
Gary Dorby is reported by WSJ.com as saying that the lawsuit is
part of a harassment campaign against him and asserted that Richard
Marchese has been involved in stock manipulations, a claim denied
by Marchese.
In the US, there are several ongoing lawsuits against
individuals who post messages on internet bulletin boards.