Coventry First and its co-founder and executive chairman, Alan Buerger, announced that they have filed a motion to dismiss the complaint brought by Abacus Global (ABL) in the U.S. District Court for the Middle District of Florida on August 29. In the filing, Coventry and Buerger express their view that Abacus’s lawsuit is an effort to silence constitutionally protected debate. As the Motion states: “The First Amendment expresses ‘a profound national commitment to the principle that debate on public issues should be uninhibited, robust, and wide-open.’ Abacus, however, seeks to flip that principle on its head. Faced with criticism about serious problems of its own making, Abacus brought this meritless lawsuit to muzzle those who have highlighted the truth or expressed their constitutionally protected opinions. That it cannot do.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABL: