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is fiem industries limited (fiemind) a good buy now ✌️【Value Investing】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. 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.

is fiem industries limited (fiemind) a good buy now ✌️【Value Investing】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. 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.

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“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.

is fiem industries limited (fiemind) a good buy now ✌️【Value Investing】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. The lawsuit is still in the discovery phase but could head to trial later this year, unless there is an out-of-court settlement, as is common in media defamation cases.

“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.”

is fiem industries limited (fiemind) a good buy now ✌️【Value Investing】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your 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.”

is fiem industries limited (fiemind) a good buy now ✌️【Value Investing】✌️ 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. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Real-Time Trading Opportunities 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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