September 08, 2005
NYSE executives yesterday cowered before animal-rights activists who vowed angry protests over plans to market shares of a New Jersey firm that uses animals in scientific research and testing, investors in the company charged.Executives of Life Sciences Research Inc. were looking forward to being listed on the world's most prestigious stock exchange.
But at 8:40 a.m. yesterday — less than an hour before the market's opening bell — a stock-exchange official took a Life Sciences Research official aside and said the listing would be postponed, said a company source.
"I'm appalled by what NYSE have done," said one investor who asked not to be named. "We won't be threatened by a bunch of goddamned long-haired hippies."
No, not hippies – terrorists. You see the objections have come from folks who have a history of threats, vandalism, and violence to attempt to enforce their “animal rights” agenda.
Animal-rights activists have targeted several companies involved with bringing LSR shares to market.On Aug. 23, activists spray-painted animal-rights slogans at the Port Washington Yacht Club on Long Island, whose membership they believe includes executives of Carr Securities, which was trading in LSR stock.
Oddly, the animal-rights groups put out a "communiqué" several days later saying the attack happened at the nearby Manhasset Bay Yacht Club. It was unclear yesterday why the communiqué was incorrect, or if the group vandalized the wrong yacht club.
In any case, Carr Securities executives got the message, and on Aug. 26 the company said it would no longer trade LSR stock. No one from Carr returned a call for comment yesterday.
Animal-rights activists have targeted other securities firms as well, and claim their efforts have limited trading in LSR stock.
Leading the campaign against LSR is a British organization, Stop Huntingdon Animal Cruelty, which has long targeted LSR's British subsidiary, Huntingdon Life Sciences. SHAC has a branch based in New Jersey known as SHAC-USA.
Lest you forget, SHAC is the group responsible for this atrocity.
If yesterday was, as the group Stop Huntingdon Animal Cruelty claimed, "a great day in the history of the animal rights movement", shame on that movement.Last October, the remains of Gladys Hammond were removed from her grave. This was the culmination of a long-running campaign against Mrs Hammond's relatives, the Halls of Darley Oaks Farm in Staffordshire, who provide guinea pigs for medical research.
Now that the Halls have, quite understandably, decided to cease breeding guinea pigs, they might get Mrs Hammond's body back. That will be the only positive result of their decision.
So to make it clear, the New York Stock Exchange has given into brazen grave-robbing terrorists. When will the US government take action against these people?
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