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AI Quality Stocks Profitable Stock Portfolio Strategy ✌️【Stock Picks】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. A New York appeals court ruled Thursday that Fox Corporation must face Smartmatic’s mammoth defamation lawsuit over the airing of 2020 election lies on Fox News, dealing a blow to the Rupert Murdoch-controlled media giant.
AI Quality Stocks Profitable Stock Portfolio Strategy ✌️【Stock Picks】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. Smartmatic, the voting technology company that Fox News guests and hosts falsely accused of rigging the 2020 election, sued both Fox News and its parent company, Fox Corp in 2021. As part of its lawsuit, Smartmatic alleged that Rupert Murdoch and his eldest son, Fox Corp. CEO Lachlan Murdoch, directed the cable network to embrace a “disinformation campaign to win back its audience” after Joe Biden won the election.
AI Quality Stocks Profitable Stock Portfolio Strategy ✌️【Stock Picks】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. The latest ruling represents a key victory for Smartmatic’s efforts to go after the right-wing media outlet over its promotion of debunked claims that the election was stolen from former President Donald Trump. The Fox entities have denied wrongdoing.
“We will be ready to defend this case surrounding extremely newsworthy events when it goes to trial,” a Fox spokesperson said in a statement responding to the ruling. “As a report prepared by our financial expert shows, Smartmatic’s damages claims are implausible, disconnected from reality, and on their face intended to chill First Amendment freedoms.”
Both Fox News and Fox Corp. have mounted multiple unsuccessful efforts to dismiss the massive defamation lawsuit, which was filed in New York state court.
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In its ruling Thursday, the unanimous New York appeals court cited, in part, similar legal findings from the Delaware judge who oversaw a related case brought by Dominion Voting Systems over Fox’s airing of 2020 election lies. Fox paid more than $787 million to settle that lawsuit in 2023, in the largest publicly known defamation settlement in US history.
“Here, consistent with the Dominion decisions, we find that the allegations in the first amended complaint relating to Fox Corporation directing the other defendants to undertake a disinformation campaign… sufficiently allege Fox Corporation’s ‘direct liability’ for the challenged defamatory statements,” the New York appellate ruling said.
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“The New York Supreme Court rebuffed Fox Corporation’s latest attempt to escape responsibility for the defamation campaign it orchestrated against Smartmatic following the 2020 election,” Connolly said. “Fox Corporation attempted, and failed, to have this case dismissed, and it must now answer for its actions at trial.”
AI Quality Stocks Profitable Stock Portfolio Strategy ✌️【Stock Picks】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The decision comes after Fox Corp. was dealt another consequential legal setback. Last month, a Delaware judge ruled that major Fox shareholders — New York City’s pension funds and the state of Oregon — can move forward withtheir lawsuitalleging that the company board of directors failed to protect investors by allowing Fox News to spread lies about the 2020 election, which led to defamation lawsuits.
Citingevidencefrom the Dominion case, the judge said the lawsuit “sufficiently pleads that Murdoch faces a substantial likelihood of liability for consciously causing or willfully allowing Fox News to broadcast defamatory content.”
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