Class Action Against Ibill and shareholders

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  • cindyc
    Confirmed User
    • Sep 2003
    • 110
    #1

    Class Action Against Ibill and shareholders

    Why doesn't an industry attorney step up and do a class action against Ibill?

    - Charge clients a flat fee of like $5000 (then you are paid upfront)
    - Take a small percentage of damages or rewards
    - It would be easy as hell to prove
    - There are plenty of webmasters that could provide facts
    - You would gain tons of clients by proving that you care about the industry as a whole. The webmasters and the customers.
    - Since the what the Ibill shareholders did was illegal you could go after personal assets.

    They are liable alone for illegally transferring customer data to etelegate and giving the webmasters info out and such.

    webmaster girlie!
    Tags: None
    • Theo
      HAL 9000
      • May 2001
      • 34515
      #2
      Maybe ibill doesnt have the assets to pay for any damages/fines this moment. I don't know.

        Comment

        • CuriousToyBoy
          Crazy Aussie Bastard
          • Aug 2005
          • 16787
          #3
          It has been tossed around but never acted upon.

          2c
          Celebs
          Adult Who's Who ==> Ambush Interview ==> ICQ 293 070 684 ==> intmarpacrim AT gmail DOT com

            Comment

            • samo
              Confirmed User
              • Dec 2005
              • 179
              #4
              forget the money, its time to send them in jail

                Comment

                • samo
                  Confirmed User
                  • Dec 2005
                  • 179
                  #5
                  Or better yet, send someone to break their legs

                    Comment

                    • Webby
                      Too lazy to set a custom title
                      • Oct 2002
                      • 14956
                      #6
                      Originally posted by cindyc
                      Since the what the Ibill shareholders did was illegal you could go after personal assets.
                      OK.. Needs some proving, but that is on the record already and hard to squirm out of.

                      Suspect that is the way iBill may go in the end - namely, personal liability of the board members and possibly conspiracy (or whatever the law is called) with others to trade while being insolvent and knowing that this will affect creditors - namely webmasters.
                      XXX TLD's - Another mosquito to swat.

                        Comment

                        • DutchTeenCash
                          I like Dutch Girls
                          • Feb 2003
                          • 21684
                          #7
                          its a nice idea, but what if the case is settled and won and Ibill files bankruptcy? then everyones screwed. Wouldnt be the first time for a big company to pull this.

                          ICQ 16 91 547 - SKYPE dutchteencash
                          bob AT dutchteencash DOT com
                          ... did you see our newest Sweet Natural Girl Priscilla (18)?

                            Comment

                            • Webby
                              Too lazy to set a custom title
                              • Oct 2002
                              • 14956
                              #8
                              Originally posted by thinkx
                              its a nice idea, but what if the case is settled and won and Ibill files bankruptcy? then everyones screwed. Wouldnt be the first time for a big company to pull this.
                              That's the reason I was throwing in personal liability thinkx.

                              Don't matter a toss if the company goes bust - the officers of the company still have a case to answer (forgetting any possible criminal acts) under certain corp laws where their is a legal obligation to act for shareholders and also not to the detriment of creditors. Company officers can and are held personally liable for any misconduct. Can't remember which state iBill was incorporated, but chances are that state has corp laws in common with most others.

                              In the instance of iBill where there is, most probably, an intent to throw everything into a melting pot and deliberately confuse the issue and where this involves parties who claim not to have involvement - poss the best course of action is conspiracy - tho that's criminal and not likely to result in creditors being paid.
                              XXX TLD's - Another mosquito to swat.

                                Comment

                                • Taniwha
                                  Registered User
                                  • Dec 2004
                                  • 20
                                  #9
                                  Ibill .......... dont ......... have .......... the fucking .......... money.

                                  What fucked this company up? Their ignoring the FirstData threat to pull out. Everything else was a downhill chain reaction from webmasters jumping ship and the management who fucked up in the first place stealing their customers. People are so fucking stupid it's just not funny.

                                    Comment

                                    • samo
                                      Confirmed User
                                      • Dec 2005
                                      • 179
                                      #10
                                      Originally posted by Taniwha
                                      Ibill .......... dont ......... have .......... the fucking .......... money.

                                      What fucked this company up? Their ignoring the FirstData threat to pull out. Everything else was a downhill chain reaction from webmasters jumping ship and the management who fucked up in the first place stealing their customers. People are so fucking stupid it's just not funny.
                                      They have lots of money, read on...
                                      LAS VEGAS--(BUSINESS WIRE)--June 1, 2006--LitFunding Corp. (OTCBB: LFDG) announced today the consummation of a marketing agreement between Interactive Brand Development (IBD) and LFDG's newly acquired wholly owned subsidiary, Easy Money Express Inc. The agreement states IBD will provide Internet marketing to its vast customer base directing potential loan customers to Easy Money. IBD will also provide services and methods for providing customers with a debit card system for funding loans and further provide ancillary services and products to its customers.

                                      The full article is located here http://home.businesswire.com/portal/...83&newsLang=en

                                      Dont let them tell they have no money, sue the mother fuckers

                                        Comment

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