<devil's adviocate>
A blog entry is not evidence. It is a claim.
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It is victim/eyewitness testimony, that's definitely evidence (although not conclusive obviously), and given the ease with which the specificity of these claims could be disproven, its easily enough to warrant the sort of investigation that the investors are asking for.
I am all for an investigation. Don't get me wrong. I am just being pedantic :)