Active Rain got Punk’d
Friday, September 28th, 2007Have you heard the news that Active Rain got one pulled over on them by Move Inc.
Active Rain wants $33 million in damages. HA. That’s funny. How did they come up with this number?
I always thought Move Inc. would buy a social networking site, I guess they think they can do it better.
I like this line:
ActiveRain provided “highly sensitive material about its members and its network or platform in electronic format, in anticipation of the supposed impending closing” on May 3, the lawsuit alleges, and “within hours of its receipt of this especially sensitive information in unrestricted digital electronic format, Move told ActiveRain that it had ‘cancelled’ the deal.”
What info is so highly sensitive? Move Inc. probably just realized that they didn’t like what they saw. Simple.
Active Rain. Don’t even bother, you will not win the battle. They got money - a lot of money. I haven’t read your claim but this sensitive info bs looks to be the start of a pretty lame claim.