3 ms·
It's difficult to sue a news organization, but you can sue them for false reporting if you prove two things A) actual malice occurred and B) you suffered econom
by pwthornton 8y ago
It's difficult to sue a news organization, but you can sue them for false reporting if you prove two things A) actual malice occurred and B) you suffered economic damages.
If companies didn't lose money over this report, this is pretty moot. It's just embarrassing for Bloomberg.
If companies did lose money, the next step is proving that they knowingly went with a poorly-sourced story. That would require discovery, which may be fruitful.