Canadian Court Wallops Overstock.com CEO Patrick Byrne
Gary Weiss
gary-weiss.com, 19 December 2016
A Canadian appellate court has a lump of coal for the Christmas stocking of Overstock.com CEO Patrick Byrne: pay a libel judgment for lying on a fake news website, or your appeal will be kicked out of court.
Last May, Byrne was hit with a C$1.2 million judgment for outlandish lies about a Canadian stock promoter, Aly Nazerali, on “Deep Capture,” a website that retails fake news, conspiracy theories and personal attacks on journalists and whistleblowers. The court’s scathing decision found that Byrne and right-wing conspiracy theorist Mark Mitchell maliciously fabricated wild accusations against Nazerali.
