Phil Cannella Lawsuit

Phil Cannella Lawsuit – Phillip Cannella Lawsuit: Phil Cannella Lawsuit, is extremely vocal when it comes to the corruption occurring on Wall Street and within the big investment banks that have the power to manipulate the markets in order to further their own ends. These entities prey upon the ignorance of the everyday investor who isn’t well informed.

Phil Cannella Lawsuit • Phillip Cannella Lawsuit

Day in and day out Phil Cannella sees consumers in his national headquarters in King of Prussia, PA, who have seen a large portion of their nest eggs disappear overnight as circumstances outside of their control send the stock market shooting haphazardly in one direction or another.

Phil Cannella has stood up to this corruption in an attempt to bring about industry reform and those benefiting from this illicit behavior have not received his words too kindly. Throughout history whenever someone hits out against the status quo in an attempt to make a change for the better, there have been repercussions. Usually, the controlling elite stifle the attempted change and reform as they are the ones who have most to lose were the truth to be put on the line. Witness what occurred to Italian physicist Galileo Galilei in the 17th Century when he went against the grain and said that the Earth revolved around the sun instead of the popularly held belief endorsed by the Catholic Church that the Earth was the center of the universe. He found himself facing the Inquisition. It took 350 years, until 1992 for the Vatican to admit that it was wrong.

“More than 350 years after the Roman Catholic Church condemned Galileo, Pope John Paul II is poised to rectify one of the Church’s most infamous wrongs — the persecution of the Italian astronomer and physicist for proving the Earth moves around the Sun.”

“With a formal statement at the Pontifical Academy of Sciences on Saturday, Vatican officials said the Pope will formally close a 13-year investigation into the Church’s condemnation of Galileo in 1633. The condemnation, which forced the astronomer and physicist to recant his discoveries, led to Galileo’s house arrest for eight years before his death in 1642 at the age of 77.”

“The dispute between the Church and Galileo has long stood as one of history’s great emblems of conflict between reason and dogma, science and faith. The Vatican’s formal acknowledgement of an error, moreover, is a rarity in an institution built over centuries on the belief that the Church is the final arbiter in matters of faith.”

“At the time of his condemnation, Galileo had won fame and the patronage of leading Italian powers like the Medicis and Barberinis for discoveries he had made with the astronomical telescope he had built. But when his observations led him to proof of the Copernican theory of the solar system, in which the sun and not the earth is the center, and which the Church regarded as heresy, Galileo was summoned to Rome by the Inquisition. By the end of his trial, Galileo was forced to recant his own scientific findings as ‘abjured, cursed and detested,’ a renunciation that caused him great personal anguish but which saved him from being burned at the stake.” http://www.nytimes.com/1992/10/31/world/after-350-years-vatican-says-galileo-was-right-it-moves.html

While Phil Cannella’s story may not be as extreme as this, he did yet find himself facing a modern day inquisition. A handful of his competitors who were losing money due to his success banded together to create an online hate site where they could anonymously spew their venom in an attempt to get prospective clients to avoid doing business with him. The campaign was very cleverly orchestrated for the identities of the critics were unknown and the campaign was very underhanded. There was no question it had the desired effect. Today people go online to research out companies and products before doing business with them and this is what prospective clients did with Phil Cannella.

Fortunately Phil stood strong and utilizing the modern day justice system sought help from the courts to get the defamatory material taken off the Internet. It was a long and costly battle that Phil persevered through in order to continue his mission of bringing truth to the American retiree. And the courts recognized it and in December 2012 issued a permanent injunction ordering the defamatory material be removed from the Internet.

Today Phil Cannella continues his mission of bringing truth to the American retiree through his weekly radio show and the educational events he conducts. Countless testimonials of his clients reflect the work he does to offer real solutions to the American retiree.