A New York judge has declined to reverse an earlier ruling that the Prodigy Services Company could be held liable for comments posted on its bulletin boards by subscribers to the online service.
Prodigy had wanted to reargue a multi-million dollar libel suit filed against it by Stratton Oakmont Inc., an investment bank.
The bank withdrew its lawsuit in October but Prodigy still wanted the chance to persuade the judge to reconsider his order that Prodigy could be held liable because it acted as a publisher of information, not just as a passive carrier.
In his ruling, the judge cited "a real need for some precedent" in cyberspace law.
