Glaxo wins extremist injunction
GLAXOSMITHKLINE has secured a High Court injunction to stop animal rights activists from publishing details of its shareholders on the internet.
The action by the pharmaceuticals giants makes it illegal for campaigners to carry out a threat to list on a website the names of people who refuse to sell their shares.
Around 50 GlaxoSmithKline shareholders have been targeted by the activists over its continued use of the medical research group Huntingdon Life Sciences.
Letters had been sent that urged them to sell Glaxo shares or face their personal details being posted on a website. Despite the threat, shares in the company actually rose in yesterday's trading.
The letter came from a group claiming to have been set up 'to hold Huntingdon Life Sciences accountable for its acts of animal cruelty'.
HLS is based in Cambridgeshire and has long been targeted by fanatics who want it shut down because it is involved in animal testing.
In a letter dated May 1, the extremists warned Glaxo shareholders: 'Should you choose not to sell your shares within the next 14 days your details will be published, and within weeks a website will be hosted with all remaining shareholders listed.' Glaxo condemned the letter and said a police investigation was under way.
It is not the first time fanatics have targeted companies or people with links to HLS. In June last year, Canaccord Capital quit as broker to drug maker Phytopharm after an incendiary device exploded under the car of its European finance chief.
And in 2001, John Ablewhite served nine months in prison for attacking the home of Leonard Cass, the brother of HLS managing director Brian Cass.
Last month, Ablewhite was one of four activists who pleaded guilty to a long-running terror campaign against a guinea pig farm which culminated in the theft of pensioner Gladys Hammond's body from her grave.
Glaxo said it would continue to work with HLS 'as long as they continue to meet their current high standards of animal welfare in line with Home Office requirements'.
Most watched Money videos
- Range Rover Electric undergoes last extreme-weather tests
- Boreham Motorworks unveils the limited-edition Mk1 Ford Escort
- Rare 1992 Ford Escort RS Cosworth sets new world record auction price
- Amazon's latest $49,000 double-story TINY home comes with glass sunroom
- Ford presents new Puma Gen E: Best-selling now goes electric
- Toyota relaunches Urban Cruiser as an electric tech-rich crossover
- How to buy the best UK shares at a cheaper price
- Jaguar targets new customers by ditching logo and going electric
- Tesla UK unveils look of sleek CyberCab in London's Westfield
- Woman becomes youngest Omaze winner after winning £3million mansion
- Jaguar's EV concept revealed: Type 00 comes in two colours
- Fed cuts key rates again amid fears it will raise inflation
- Premium Bonds saver scoops £1million prize on their first...
- Inheritance tax raid is disaster for pensions: Attack...
- House prices went up £12,000 in 2024 - and are tipped to...
- Pound drops as winter chill hits manufacturing after...
- What are the big risks for investors in 2025? Chief...
- Pipeline to the Royal Mail: Czech Sphinx's Russian gas...
- Reeves' inheritance tax raid puts millions at risk of...
- Wildwood restaurant owner Tasty notes 'disappointing'...
- MARKET REPORT: Vodafone picks up as it sells Italian arm...
- Tesla shares fall 6.6% after sales slump for first time...
- Barbour pays founding family £30m in dividends after...
- Coventry takes Co-op Bank for £780m returning it to...
- High Street suffers as shopper numbers fall after 'drab'...
- German industry suffers a 'lost year' - helping to drag...
- Homeowners should brace for higher borrowing rates to...
- Wheels come off Brompton sales as boss blames 'really sad...
- January sales bargain hunters are warned about rogue...
- Stormy times ahead for investors with UK now seen as an...