is it legal to create a negative atmosphere in the market for personal gain?

Question

is it legal to create a negative atmosphere in the market for personal gain?

Answer

You mean like saying that sugar is not good for you? Or indicating people should pay for bottled water because it is better than tap water? Or saying the market is going down, and people should sell stock and buy bonds? I don't think those will get you in trouble.

But I would not try yelling fire in a theater so you can get a better seat? Or posting untrue statements to disparage someones product? Or do you plan to blow up a competitors store. That's pretty negative. Any of those would likely get you in trouble.

You need to be more specific as to what you plan to do to create the "negative atmosphere" and in what context.

Answer

I agree with my colleague's comments. I would want to understand what exactly you intend and what you mean by "market?" Do you mean manipulating the stock market? If so, then yes that is actionable. Or are you referring to the more general commercial market and if so then the specifics will matter.

I would seek some proper legal advice of course before jumping into anything. If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Our firm is now referred by the American Bar Association (see under the New York section):

http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html

Kind regards,

Frank

www.LanternLegal.com

866-871-8655

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DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.