Chadbourne & Park, have issued blogger, Mike Morgan a cease-and-desist letter, stating that he may face legal action if he doesn't pull down his website. A few weeks ago, Mr. Morgan, a Florida based, registered investment advisor, started the blog, "Facts about Goldman Sachs" at
The site contains articles with headings like:
Does Goldman Sachs Manipulate the Stock Market?, and If Goldman Sachs Robbed Your House, What Would You Do?
Per Telegraph, UK, Chadbourne & Parke's letter, states the site "violates several of Goldman Sachs' intellectual property rights" and also "implies a relationship" with the bank itself.
Mr. Morgan has done his homework., with the following disclaimer is the sub-header on the site:
"This website has NOT been approved by Goldman Sachs, nor does this website have any affiliation with Goldman Sachs. This website was designed to provide information about Goldman Sachs direct from the public, and NOT from Goldman Sachs's marketing and public relations departments. You may find the Goldman Sachs website at www.goldmansachs.com"Several years ago, Mr. Morgan went through a similar battle with US home builder Lennar. Poor workmanship in a number of homes resulted in the bitter dispute over the cancellation of number of housing contracts, and Morgan contended that Lennar owed him several hundred thousand dollars. That case at was settled out of court for an undisclosed sum.
See Lennar Pacific v. Morgan case review at http://www.citmedialaw.org/threats/lennar-pacific-v-morgan
Morgan stated, "Since I went through this with Lennar, I've had advice from some of the best intellectual property lawyers, and I know exactly what I can and can't do. We're not going to back down from this.
I'll be following this case for sure and look forward to your thoughts!
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