ITV

Tag: John Doe

  • Eros seeks to protect stakeholder interest, files case against US short-sellers

    Eros seeks to protect stakeholder interest, files case against US short-sellers

    MUMBAI: Eros International Plc has filed a lawsuit in New York County Supreme Court against Mangrove Partners, Manuel P. Asensio, GeoInvesting, LLC, and numerous other individuals and entities.

    Eros International Plc, which has an extensive library comprising over 3,000 Hindi, Tamil, and other regional language films, acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.

    The lawsuit alleges the defendants and other co-conspirators disseminated material false, misleading, and defamatory information about Eros and are engaging in other misconduct that has harmed the company. The lawsuit also names various “John Doe” defendants who will be identified and joined as the case unfolds, an Eros press release stated.

    The complaint alleges that Mangrove Partners and many, if not all, of its co-conspirators held substantial short positions in Eros stock and profited when its share price declined in response to their multi-year disinformation campaign. Eros seeks damages and injunctive relief for defamation, trade libel, civil conspiracy, and tortious interference, including but not limited to interference with its customers, producers, distributors, investors, and lenders.

    The filing of this lawsuit marks another important step in Eros’ vigorous defense of itself and the company’s stakeholders. On 25 September, 2017, Eros also reported that the United States District Court for the Southern District of New York dismissed a putative securities class action, with prejudice, that was originally filed in November 2015 and arose from a series of baseless accusations that the Eros complaint alleges were disseminated by short sellers.

    The company previously announced that it retained Michael J. Bowe, a partner of Kasowitz Benson Torres LLP, to investigate and pursue all available legal remedies against those responsible for these blatant attempts at market manipulation. The counsel is continuing its investigation, the release added.

  • Shemaroo obtains John Doe order from HC to protect ‘Hunterrr’ from piracy

    Shemaroo obtains John Doe order from HC to protect ‘Hunterrr’ from piracy

    MUMBAI: Shemaroo Entertainment has obtained a John Doe order from the Mumbai High Court to protect its latest release Hunterrr from the menace of piracy. The order, not only restricts piracy on cable, digital and physical medium but action can also be taken against a person watching the film from an illegal source.

     

    Shemaroo Entertainment has sent a copy of the order to various MSOs, LCOs and ISPs. Further, the court has directed all police authorities to act on the order.

     

    The order restrains any person from “downloading from internet, telecasting, broadcasting and distributing or putting on the cable TV network, disseminating, reproducing or otherwise making available to the public, the film Hunterrr or “from (i) making a copy of the said film, (ii) to sell or give on hire, or offer for sale or hire, any copy of the said film (iii) to communicate the film to the public in any manner whatsoever including by way of but not limited to telecasting and/or re telecasting the said film, or even otherwise dealing with the rights in the said film which vest exclusively in the Plaintiff, in any manner whatsoever.” The order also restrains others “from communicating or making available or distributing, or duplicating, or displaying, or releasing, or showing, or uploading, or downloading or exhibiting, or playing, and/or defraying the movie Hunterrr in any manner from the Plaintiff or in any other manner, which would violate/infringe the Plaintiff’s copyright in the said film Hunterrr.”

     

    Hunterrr stars Gulshan Devaiah, Radhika Apte and Sai Tamhankar and is produced by Anurag Kashyap’s Phantom Films.

     

    A John Doe order is defined as an action instituted by a party who seeks the aid of the Court in fear of some future probable injury to his rights or interest and the action is brought to prevent a wrong that is apprehended.