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Ms. Boyle contended that until late March 1994, she was not aware
of petitioner’s allegedly defaulted financial obligations to
Costar and Signal totaling $31,086,358.80 and a $650,000 payment
due to Oralco.24
III. Statements by Mr. Boyle or Ormet
Mr. Boyle or Ormet released several documents to the public
between April 15 and May 11, 1994. The April 28, 1994, document
was a letter to Ormet employees signed by Mr. Boyle. Four
documents were press releases. Another document was an article
in the May 11, 1994, edition of the company’s “Ormet News”.
Petitioner cited statements in the documents as the basis for his
personal injury claims.
For example, Mr. Boyle or Ormet made the following
pronouncements: (1) “This ad is another of the many attempts by
Charles Bradley, a minority shareholder in Oralco, to extract
money from Oralco for his personal benefit.”; (2) “Mr. Bradley
has a long history of driving companies * * * into the ground,
resulting in jobs being lost forever while maintaining some
degree of personal wealth.”; and (3) “Bradley is a self-styled
24 Petitioner’s financial obligations under these notes
resulted from the decisions in the Signal and Costar litigations
and the settlement and compromise of lawsuit number three of the
Six Lawsuits. See supra note 3. Judge Stamp dismissed lawsuit
number three on Aug. 10, 1995. See also infra note 33.
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