"Coho Energy investors possibly violated securities laws by using an Internet message board at Yahoo! Finance to solicit and collect proxies from 600 shareholders in an attempt to oust CEO Jeff Clarke, in the type of online shareholder revolt that is expected to become much more common in a few years. More than 1,600 message postings were made. One of those collecting proxies indicated that he didn't solicit them; "they were volunteered to us." It appears they failed to disclose their identity and agenda as required by SEC rules. The company also alleges the group solicited employees for insider information. (WSJ, 9/27, C1)"
One would assume after Jeff Clarke's experience with Coho Energy and Yahoo Finance, that the company would engage the services of a public relations specialist to stop a repeat of their previous experience...
Its pretty obvious why some people post fluffy propaganda with little content.
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