Phil Cannella Lawsuit
Phil Cannella Lawsuit – Phillip Cannella Lawsuit: Phil Cannella Lawsuit system became known as Crash Proof Retirement for it did exactly that. It protected the assets of the individual against market risk and other adversity. During the 2007/2008 market crash not a single one of his clients lost a penny of principal.
Phil Cannella Lawsuit • Phillip Cannella Lawsuit
However, with such success, one creates enemies. In this case, the financial services industry as mentioned in the beginning of the article is fraught with corruption. There are many financial advisors out there who don’t act in their client’s best interest and put their clients in financial vehicles that help the Advisor’s bottom line but do little for the consumer. As Phil grew his business, his competitors were losing business. Consumers were moving their accounts out from underneath their financial advisor and over to Phil Cannella. Most of these competitors earned a living by managing their client’s portfolios and making a nice penny whether their client made or lost money that year. Phil Cannella on the other hand made no ongoing commissions with the products he offered his clients.
Seeing Phil’s success as the cause of their failure, several competitors banded together to take Phil out of business. They used modern day corporate warfare as a means to accomplish their own devious ends. Recognizing that Phil Cannella’s brand had a huge consumer appeal, their attack was centered on destroying his brand and his name in the minds of the everyday consumer. They did this by launching an anonymous online defamation attack. Striking at the very core of Phil Cannella’s success, by putting defamatory material on the internet, in sufficient volume, they targeted those consumers who were likely to do business with him and sought to prevent that occurring by painting him as an immoral and debased man.
This is when Phil Cannella threw down the gauntlet. He was not about to go down while the corrupt few who were envious of his success tore him down. Despite the anonymity of the attack, Phil Cannella sought recourse from the justice system in an attempt to discover not only the perpetrators of the attack but also to bring them to justice. In order to do so he filed a lawsuit in federal court. Discovery was key to proceeding with the case.
“Discovery, in the law of the United States, is the pre-trial phase in a lawsuit in which each party, through the law of civil procedure, can obtain evidence from the opposing party by means of discovery devices including requests for answers to interrogatories, requests for production of documents, requests for admissions and depositions. Discovery can be obtained from non-parties using subpoenas.” http://en.wikipedia.org/wiki/Discovery_(law)
As most avenues of discovery were thwarted because the defendants were anonymous, one very critical road remained open: “Discovery can be obtained from non-parties using subpoenas.” Through subpoenas to numerous non-parties a volume of identifying information about the authors of the defamatory material was discovered and after many, many months of persistence the cat fell out of the bag and the names of the authors was suddenly at hand.
While Phil Cannella was prepared for the challenge to his integrity and all he stood for, it seemed that these miscreants were not so prepared. They were pretty boisterous so long as they were anonymous, but as Phil Cannella tightened the screws of discovery most of the people fled the scene of the crime and hoped all would blow away.
The U.S. Justice system stood staunch in helping Phil Cannella seek justice against the alleged defamation campaign. As the criminals fled, and wouldn’t fess us, the judge awarded default judgment in favor of Phil Cannella and issued a permanent injunction against the defamatory content.
Not only was Phil Cannella vindicated with this judgment, it was a true demonstration of justice. It took a lot of guts on the part of Phil Cannella to persist against the onslaught of the defamation campaign. A vast cost was involved and the courage to persist against it was critical. For Phil, it was not about “beating an enemy” it was about being a champion of the people and in being able to continue to offer solutions to the American retiree and the everyday investor.
In perusing Phil Cannella’s Crash Proof Retirement website you can hear for yourself some of the countless consumers who are truly grateful for what Phil Cannella and his company, First Senior Financial Group, have done for them. These people are the true victors in the battle and are thankful that Phil Cannella threw down the gauntlet and came out standing stronger than ever before.
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Very glad to hear about the Phil Cannella Lawsuit results. Phil Cannella was always on our side.
As the article says, the justice system was successful in the Phil Cannella Lawsuit in shutting down the defamatory content. It gives me hope for our justice system.
My wife and I were glad to hear the Phil Cannella Lawsuit news. We are thankful the Phil Cannella can continue his good workuninterrupted
The Phil Cannella Lawsuit is just a fresh start for Phil Cannella. He can continue his life work in helping the American Retiree
Phil Cannella Lawsuit Throws Down the Gauntlet!! I love the title to this article and glad you did Throw Down the Gauntlet for your win!