Company ordered by the court to remove libellous statements from the internet. Delaware Court found against Simeon, requiring that Simeon remove all libelous statements from its website, Twitter account, or any other public websites and prohibiting Simeon from making further defamatory statements about Organovo.
If this can happen with Organovo/Simeon it can also happen with Gotham/Quindell.
Organovo suggesting that Simeon Research was not a long short equity analytical research fund. Organovo stated that this individual created a false corporate front with a view to profit by trading in Organovo.
This is evidence that the court victory against Gotham can have teeth in Delaware.