4 min
Terrorist Organization Fox "News" Settles for $787.5 million. IRNews
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- Nyhetskommentarer
New York Times/Yahoo News:
Dominion Voting Systems did more on Tuesday than settle its lawsuit
against Fox News for $787.5 million: It also set the tone for the many
related defamation cases it has filed.
Legal experts say the settlement with Fox News, one of the largest
defamation payouts in American history, could embolden Dominion as it
continues to defend its reputation, which it says was savaged by
conspiracy theories about vote fraud during the 2020 election. The
company has several cases pending against public figures including Mike
Lindell, the MyPillow executive, and news outlets such as Newsmax.
The targets of Dominion’s remaining lawsuits, few of which have deep
pockets and legal firepower at Fox’s level, will likely take a cue from
Dominion and Fox’s faceoff, legal experts said.
Sign up for The Morning newsletter from the New York Times
“Even though it was a settlement, it certainly was a victory for
Dominion,” said Margaret M. Russell, a law professor at Santa Clara
University. “For other possible defendants, I don’t think this will make
them double down; it will make them fearful.”
Dominion is the second-largest election technology company operating in
the United States, where there are few other major players. The company,
whose majority owner is the private equity firm Staple Street Capital,
was made “toxic” by the false fraud narratives in 2020, one of Staple
Street’s founders said in court documents. At one point, Dominion
estimated that misinformation cost it $600 million in profits.
Fox said in its court filings that Dominion did not have to lay off
employees, close offices or default on any debts, nor did it suffer any
canceled business contracts as a result of the news network’s coverage.
Fox said in one filing that Dominion had projected $98 million in
revenue for 2022, which would make Tuesday’s settlement the equivalent
of eight years of sales...
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New York Times/Yahoo News:
Dominion Voting Systems did more on Tuesday than settle its lawsuit
against Fox News for $787.5 million: It also set the tone for the many
related defamation cases it has filed.
Legal experts say the settlement with Fox News, one of the largest
defamation payouts in American history, could embolden Dominion as it
continues to defend its reputation, which it says was savaged by
conspiracy theories about vote fraud during the 2020 election. The
company has several cases pending against public figures including Mike
Lindell, the MyPillow executive, and news outlets such as Newsmax.
The targets of Dominion’s remaining lawsuits, few of which have deep
pockets and legal firepower at Fox’s level, will likely take a cue from
Dominion and Fox’s faceoff, legal experts said.
Sign up for The Morning newsletter from the New York Times
“Even though it was a settlement, it certainly was a victory for
Dominion,” said Margaret M. Russell, a law professor at Santa Clara
University. “For other possible defendants, I don’t think this will make
them double down; it will make them fearful.”
Dominion is the second-largest election technology company operating in
the United States, where there are few other major players. The company,
whose majority owner is the private equity firm Staple Street Capital,
was made “toxic” by the false fraud narratives in 2020, one of Staple
Street’s founders said in court documents. At one point, Dominion
estimated that misinformation cost it $600 million in profits.
Fox said in its court filings that Dominion did not have to lay off
employees, close offices or default on any debts, nor did it suffer any
canceled business contracts as a result of the news network’s coverage.
Fox said in one filing that Dominion had projected $98 million in
revenue for 2022, which would make Tuesday’s settlement the equivalent
of eight years of sales...
---
Send in a voice message: https://podcasters.spotify.com/pod/show/irnews/message
4 min