Post by JimmyRobby85 on May 13, 2014 15:03:30 GMT
I'm not sure why they knew about this before RIG when it was our complaint but here goes
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Exclusive: Buchanan Communications Admits to Range Resources Dirty tricks, apologises and disciplines staff member
By Tom Winnifrith — Tuesday 13 May 2014
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fleet Street still has not touched this story because it is too busy sucking PR cock to cover the stench emanating from the City’s largest financial PR firm. We can revealed exclusively that Buchanan Communications has admitted that a staff member did wage a dirty tricks campaign against Range Resources shareholders campaigning to change the way in which Range is run.
We broke news of this dirty tricks campaign last Friday HERE
Buchanan represents more AIM listed firms than any other PR agency and is owned by Sir Martin Sorrell’s WPP Group (WPP). Journalists on the nationals want PR forms to spoon feed them stories or cushy well paid jobs in PR when they fancy a move to the dark side so NO national paper dared touch this story.
As private investors get screwed over on a daily basis on AIM just remember whose side, PR arse-licking Fleet Street is on….it ain’t yours.
Buchanan has now conformed that its chairman Richard Oldworth has written to the dissenting Range shareholder apologising on behalf of his firm for the dirty tricks a Buchanan staff member undertook. That staff member has been given a formal written warning. All Buchanan staff have been informed that if they are caught engaging in dirty tricks in future they will be fired.
As it happens posing as a private investor to post comments on a corporate client is not just a dirty trick it is a breach of all industry guidelines and we would rather that a P45 had been issued for this incident.
Oldworth has also pledged to Shareprophets that in future all investors be they private investors or fund managers will be given the same treatment by his staff when it acts in an IR capacity. This is a marked contrast to the behaviour of Buchanan director Tim Thompson as outlined here.
I have known Richard Oldworth for 22 years. As a PR man he is obviously a representative of the dark side. But as PR men go he strikes me as honourable and decent. These things are all relative. He should have fired his staffer but he has taken swift and decisive action, he has not hidden anything and he has apologised. For that he deserves some credit. Let’s move on.
Now Richard …are you going to gag Ben and me or can we ask questions at the Range investor call tomorrow?
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RIG will be responding to the letter and posting up both the buchanan letter and our response (Hopefully later tonight)
Thank you
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Exclusive: Buchanan Communications Admits to Range Resources Dirty tricks, apologises and disciplines staff member
By Tom Winnifrith — Tuesday 13 May 2014
--------------------------------------------------------------------------------
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fleet Street still has not touched this story because it is too busy sucking PR cock to cover the stench emanating from the City’s largest financial PR firm. We can revealed exclusively that Buchanan Communications has admitted that a staff member did wage a dirty tricks campaign against Range Resources shareholders campaigning to change the way in which Range is run.
We broke news of this dirty tricks campaign last Friday HERE
Buchanan represents more AIM listed firms than any other PR agency and is owned by Sir Martin Sorrell’s WPP Group (WPP). Journalists on the nationals want PR forms to spoon feed them stories or cushy well paid jobs in PR when they fancy a move to the dark side so NO national paper dared touch this story.
As private investors get screwed over on a daily basis on AIM just remember whose side, PR arse-licking Fleet Street is on….it ain’t yours.
Buchanan has now conformed that its chairman Richard Oldworth has written to the dissenting Range shareholder apologising on behalf of his firm for the dirty tricks a Buchanan staff member undertook. That staff member has been given a formal written warning. All Buchanan staff have been informed that if they are caught engaging in dirty tricks in future they will be fired.
As it happens posing as a private investor to post comments on a corporate client is not just a dirty trick it is a breach of all industry guidelines and we would rather that a P45 had been issued for this incident.
Oldworth has also pledged to Shareprophets that in future all investors be they private investors or fund managers will be given the same treatment by his staff when it acts in an IR capacity. This is a marked contrast to the behaviour of Buchanan director Tim Thompson as outlined here.
I have known Richard Oldworth for 22 years. As a PR man he is obviously a representative of the dark side. But as PR men go he strikes me as honourable and decent. These things are all relative. He should have fired his staffer but he has taken swift and decisive action, he has not hidden anything and he has apologised. For that he deserves some credit. Let’s move on.
Now Richard …are you going to gag Ben and me or can we ask questions at the Range investor call tomorrow?
--------------------------------
RIG will be responding to the letter and posting up both the buchanan letter and our response (Hopefully later tonight)
Thank you
