Porter Stansberry is a US nationality resides in Baltimore, Maryland. He is the editor of two of Agora’s Internet financial newsletters: Porter Stansberry’s Investment Advisory and PirateInvestor.com. Stansberry’s compensation is based in part, on a percentage of the revenues realized by those on-line publications. Current news says that Porter Stansberry was alleged in to a scam scandal which involves $1.5 million in financial penalties after a U. S. federal judge determined they defrauded their own subscribers in a securities scam.
Porter Stansberry claims that the case was out of his responsibility. Even though he has a vociferous defense on this case, his appeal against the Appellate Court’s judgment was not accepted by the U.S. Supreme Court in June 2010. This case is too complex to be easily closed one way or the other. In order not to get confused, readers have to be more interested in an accurate summation of the issues underlying this case carefully study both court documents before arriving at a conclusion. There have been many publications that make most investments are worried about the news. They are expecting clear information regarding with the loss of assets which will surely affect theirs as well. To be able to relate with the news, there have been many official publications that you can find on the internet in order to know the progress of the case.
