CNN LAWSUIT! ANTHONY SCARAMUCCI THREATENED TO SUE CNN FOR $100 MILLION OVER FAKE CONGRESS PROBE, RUSSIA STORY
CNN is facing a $100 million libel lawsuit from Anthony Scaramucci , hedge fund manager and member of Trump transition team member, for a fake story they were forced to retract, claiming Scaramucci is under investigation by Congress for his alleged link to a Russian investment fund.
He got an unusual public apology but the threat of lawsuit continues.
Via The New York Post:
The specter of a $100 million libel suit scared CNN into retracting a poorly reported story that slimed an ally of President Trump’s — and forcing out the staffers responsible for it, The Post has learned.
The cable network’s coverage of Trump transition-team member Anthony Scaramucci came amid federal scrutiny of corporate parent Time Warner’s pending purchase by AT&T — and the widespread belief among media execs that CNN President Jeff Zucker can’t survive a merger.
CNN immediately caved after Scaramucci, a financier and frequent network guest, cried foul and threatened to take legal action, sources said Tuesday.
Scaramucci got an unusual public apology but still hired a top Manhattan lawyer to put further pressure on CNN and “look after [his] interests in this matter,” one source said.