Originally posted 2009-07-17 00:01:51. Republished by Blog Post Promoter
Mike Morgan, a Florida-based investment adviser who started the controversial blog GoldmanSachs666.com, has prevailed in a case he brought against the investment bank in April.
Goldman . . . quietly agreed to several stipulations last month in order to dismiss the case. . . .
[H]e appears to have emerged victorious in the Goldman matter provided he maintains a prominently displayed disclaimer on his Web site disavowing any affiliation with the investment bank.In turn, Goldman agreed to refrain from interfering with Morgan’s use of GoldmanSachs666.com. [Chadbourne & Parke IP practice co-chair John] Squires [(Goldman’s former chief in-house IP counsel)] Squires and Chadbourne IP litigation counsel Peter Bucci represented Goldman in the litigation.
That’ll teach those Goldman guys. They must feel just rotten. See, look:
Squires declined an Am Law Daily request for comment.
Imagine. Well, maybe back at Goldman they’re not feeling all that rotten. Here’s what goes in the ellipses:
Goldman, which exceeded expectations by reporting $3.4 billion in second quarter profits this week, quietly agreed to several stipulations last month in order to dismiss the case.
As I was saying: This just proves that even having literally all the money in the world doesn’t always win cases, see!
Yeah, that’s the ticket.