No Data
The judge ruled that Fox Corporation must face a defamation accusation or face a claim of $2.7 billion.
On January 10, according to Reuters, Fox Corporation, the parent company of Fox News, failed to persuade the New York State Court of Appeals to dismiss the defamation claims made by the electronic voting system company Smartmatic in a $2.7 billion lawsuit. A panel of five judges from the Manhattan Appeal Court ruled on Thursday that Smartmatic adequately accused Fox's parent company of direct responsibility for statements made during the live televised broadcast, which insinuated that Smartmatic helped manipulate the 2020 USA presidential election to support Biden instead of Trump. Fox Corporation stated in a declaration that the company would prepare.
Fox's Bid to Dismiss $2.7 Billion Smartmatic Defamation Suit Rejected by New York Appeals Court, Reuters Reports
DirecTV, Dish Network Raise Antitrust Concerns Over Venu Sports
Market Chatter: Disney's Venu Sports Settlement Fails to Resolve Antitrust Issues, DirecTV Says
Conservative Network Newsmax to Raise More Money Due to High Investor Demand Ahead of IPO
3 Reasons Why Growth Investors Shouldn't Overlook Fox (FOXA)