TOM WINNIFRITH AND BROKER MAN DAN GETTING SUED...WHO NEXT??
Posted: Mon Feb 25, 2013 10:32 am
RNS Number : 5809Y
Sefton Resources Inc
25 February 2013
25 February 2013
Sefton Resources, Inc.
("Sefton" or the "Company")
Legal action
Sefton Resources (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas announces that legal action has been initiated against Tom Winnifrith and Daniel Levi.
Highlights
· Legal proceedings have been issued against Tom Winnifrith and Daniel Levi (Broker Man Daniel) for libel in the Queen's Bench Division of the High Court of Justice.
· Complaints have been made against Tom Winnifrith and Daniel Levi to the Financial Services Authority (FSA) regarding apparent breaches of the Financial Services and Markets Act 2000.
· US counsel has been engaged to review comparable actions with US courts and regulatory authorities.
Jim Ellerton, Chairman of the Board said:
"Sefton is accelerating the development of its oil and gas operations both in California and Kansas to create shareholder value. Sefton is not against free speech and people expressing their opinions in the press or on the internet; however, when boundaries of common decency are breached the Company will vigorously pursue anyone and the vehicles they utilize, that seek to illegally damage Sefton."
For further information please visit www.seftonresources.com or contact:
John James Ellerton, Chairman of the Board
Tel: 001 (303) 759 2700
Dr Michael Green, Investor Relations
Tel: 0207 448 5111
Alex Walters, Cadogan PR
Tel: 07771 713608
Legal and regulatory actions
On behalf of all the Company's shareholders, management, employees and professional associates etc, Sefton has taken legal action against two constant detractors of the Company that have been posting malicious articles about the Company on the internet. Actions by the Company have three components.
Legal action has now been taken separately against both Tom Winnifrith and Daniel Levi (Broker Man Daniel) for libel in the High Court.
Complaints have been filed by Sefton's UK solicitors against both Tom Winnifrith and Daniel Levi with the Financial Services Authority (FSA), based on legal opinion that they have violated FSA rules and regulations regarding Sefton and other AIM companies.
In addition, the Company is considering comparable actions against both Tom Winnifrith and Daniel Levi in the US. Our US lawyers are reviewing parallel actions that could be taken on behalf of the Company, its US shareholders, Directors, employees and professional associates etc.
Sefton Resources Inc
25 February 2013
25 February 2013
Sefton Resources, Inc.
("Sefton" or the "Company")
Legal action
Sefton Resources (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas announces that legal action has been initiated against Tom Winnifrith and Daniel Levi.
Highlights
· Legal proceedings have been issued against Tom Winnifrith and Daniel Levi (Broker Man Daniel) for libel in the Queen's Bench Division of the High Court of Justice.
· Complaints have been made against Tom Winnifrith and Daniel Levi to the Financial Services Authority (FSA) regarding apparent breaches of the Financial Services and Markets Act 2000.
· US counsel has been engaged to review comparable actions with US courts and regulatory authorities.
Jim Ellerton, Chairman of the Board said:
"Sefton is accelerating the development of its oil and gas operations both in California and Kansas to create shareholder value. Sefton is not against free speech and people expressing their opinions in the press or on the internet; however, when boundaries of common decency are breached the Company will vigorously pursue anyone and the vehicles they utilize, that seek to illegally damage Sefton."
For further information please visit www.seftonresources.com or contact:
John James Ellerton, Chairman of the Board
Tel: 001 (303) 759 2700
Dr Michael Green, Investor Relations
Tel: 0207 448 5111
Alex Walters, Cadogan PR
Tel: 07771 713608
Legal and regulatory actions
On behalf of all the Company's shareholders, management, employees and professional associates etc, Sefton has taken legal action against two constant detractors of the Company that have been posting malicious articles about the Company on the internet. Actions by the Company have three components.
Legal action has now been taken separately against both Tom Winnifrith and Daniel Levi (Broker Man Daniel) for libel in the High Court.
Complaints have been filed by Sefton's UK solicitors against both Tom Winnifrith and Daniel Levi with the Financial Services Authority (FSA), based on legal opinion that they have violated FSA rules and regulations regarding Sefton and other AIM companies.
In addition, the Company is considering comparable actions against both Tom Winnifrith and Daniel Levi in the US. Our US lawyers are reviewing parallel actions that could be taken on behalf of the Company, its US shareholders, Directors, employees and professional associates etc.