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Here's an article from 2016 that seems to contemporaneously describe the incident at hand: https://web.archive.org/web/20161123142234/https://www.bloomberg.com
by danso 7y ago
Here's an article from 2016 that seems to contemporaneously describe the incident at hand:
https://web.archive.org/web/20161123142234/https://www.bloomberg.com/news/articles/2016-11-22/vinci-says-builder-isn-t-revising-acccounts-cfo-isn-t-fired https://web.archive.org/web/20161123142234/https://www.bloom...
> Vinci SA fell victim to a fake release claiming the French builder had fired its finance chief amid accounting irregularities, prompting the stock to plunge before the company denied the report.
> Bloomberg News was among the few news organizations to report from the false statement.
> “We are a victim of a hoax,” spokesman Paul-Alexis Bouquet said on Tuesday, denying that the Paris-based company had released any statement. Although the company’s website hadn’t been hacked, technically speaking, fake statements had been sent in the company’s name, he said.
> Investors were caught off guard after the publication of a release saying that Vinci had discovered an accounting error and had fired Chief Financial Officer Christian Labeyrie. The shares plunged 18 percent, the most in more than 17 years, before Bouquet said the report was false. Vinci will file a complaint about the incident, the spokesman said.
- La1n 7y ago> “We are a victim of a hoax,” Vinci was the victim of a hoax, Bloomberg was happy to report it without doing enough fact checking, they were spreading and part of the hoax.
- danso 7y agoIf the Vinci website itself had been hacked, and the faux press release distributed from there, Bloomberg would obviously have a strong case. That doesn't seem to be the situation though, and so I'm curious to what channel this fake press release came through, e.g. a spoof email or Twitter account.
- etage3 7y agoBloomberg received a release from vinci.group instead of vinci.com according to Le Monde's article. https://www.lemonde.fr/economie/article/2019/12/16/l-agence-de-presse-bloomberg-sanctionnee-pour-avoir-diffuse-de-fausses-nouvelles-a-la-bourse-de-paris_6023101_3234.html https://www.lemonde.fr/economie/article/2019/12/16/l-agence-...