Yelp Faces Suit By Shareholders Questioning Quality of Online Reviews

By | August 8, 2014

  • August 8, 2014 at 10:05 am
    InsGuy says:
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    When did it become a legal precedent that stock investments have guaranteed returns? As a fund manager of a large pension or other large investor, if your chosen stock tanks thats on YOU. I’m sure all of YOUR fine-print says this is at the client’s risk.

    How’s YOUR E&O coverage?

  • August 8, 2014 at 3:26 pm
    insexpert says:
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    And yet if a company makes false claims about the quality or authenticity of its product and its stock value rises as a result, then crashes, investors who bought on the way up will sue, and/or get the SEC interested, and win. That’s called a Ponzi scheme that didn’t work.

    • August 8, 2014 at 7:30 pm
      Off topic says:
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      You might want to use a few more letters to spell out your name, insexpert. I’m pretty sure it’s not what it looks like at first glance.

  • August 8, 2014 at 3:31 pm
    Caldude says:
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    I give this article five stars….

    • August 8, 2014 at 4:23 pm
      Gone Fishin' says:
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      Caldude: Yes, but have you read this article beffore you rated it? How is what Yelp content includes different than Amazon cookbook reviews that say “I LOVE IT!!! THIS IS THE MOST AMAZING COOKBOOK EVER!!! I haven’t tried any of the recipes yet but want to.”

  • August 8, 2014 at 3:59 pm
    AttorneyCA says:
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    Yelp is a complete scam that moves negative reviews to small businesses front page and the positive reviews to a back page people rarely see. They do this in order to make the business pay yelp to improve the profile and also to increase traffic to their website even though the traffic is the result of fraudulent manipulation of the review algorithms. It is the perfect scam and it is through that scam that Yelp became such a large company. Since the entire company is predicated on that scam, justice would dictate that the entire company should be wiped out. Any success of the company is the fruit of their fraud.



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