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September 16, 2004
Legal Advice

Posted by Bill

Rathergate.com is having legal issues regarding their automated campaign to communicate with CBS shareholders. If you are a lawyer, you might want to give him some advice.

Posted by Bill at September 16, 2004 04:23 PM | TrackBack (0)

Comments

If the big shareholders are financial institutions (mutual funds, for example) and the emailer is a shareholder, shouldn't be a problem. If the emailer his no relationship, or the big shareholder is an individual, it's kind of gray. I decided not to use the rathergate.com email facility because of just this concern.

A better approach would be to target the independent directors of Viacom (that is, the directors who are not part of management - all part of the post-Enron reforms). They publish an special email address on the Viacom website, and they have a duty to pay attention to these kinds of issues - especially with the ratings falling off.

The email address is:
nonmanagementdirectors@viacom.com

Posted by: Paul at September 16, 2004 05:32 PM

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