RIA DATABASE Sues the Financial Information Group (Discovery Database) for Defamation, Trade Libel, and Tortuous Interference With Business

CHARLOTTE, N.C., June 14  /PRNewswire/ -- The Financial Information Group is intentionally interfering and attempting to deter business away from RIA DATABASE a countersuit alleges filed by RIA DATABASE (A Labworks, LLC Company) and its Founder and President Julie Cooling in the United States District Court of New Jersey.

The Financial Information Group (TFIG), which operates Discovery Database, filed suit against RIA DATABASE last month. RIA DATABASE contends that TFIG's entire lawsuit is frivolous and without merit. RIA DATABASE believes that TFIG's lawsuit is a response to competitive pressure.

RIA DATABASE launched just six months ago, and has already signed up more than 30 clients, including financial industry leaders such as WisdomTree and Forward Funds, among others. RIA DATABASE Founder & President, Julie Cooling says, "RIA DATABASE delivers a superior product designed by salespeople in the registered investment adviser channel. The web-based product is fast, easy-to-use, and provides accurate information at a 1/3 of our competitor's price."

About RIA DATABASE

RIA Database maintains current contact information and profiles on over 27,000 registered investment adviser firms. They offer a web-based, searchable database with over 18,000 email addresses. Their service also includes custom list and conference support. For more information visit http://www.riadatabase.com/. 

RIA DATABASE


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Web site:  http://www.riadatabase.com/