Microsoft sues alleged stock scammers

Monday, 28 May 2007, 12:03 AM EST

Hoping to tackle the growing problem of pump-and-dump stock scams Microsoft has quietly filed lawsuits against at least three alleged perpetrators who it says used its MSN Hotmail networks to promote stocks.

Hotmail has "received large volumes of unsolicited commercial e-mail messages" promoting stocks for such companies as Distributed Power, TGC Ventures, China Biolife Enterprises, and Irwin Resources, according to court documents filed during April and May in King County Superior Court in Seattle.

At InfoWorld.

[ Read more ]




Spotlight

Harnessing artificial intelligence to build an army of virtual analysts

PatternEx, a startup that gathered a team of AI researcher from MIT CSAIL as well as security and distributed systems experts, is poised to shake up things in the user and entity behavior analytics market.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Feb 8th
    COPYRIGHT 1998-2016 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //