Home Conservative CNN Faced $100M Lawsuit Over Botched Russia Story

CNN Faced $100M Lawsuit Over Botched Russia Story

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Did CNN do they correct thing by firing 3 journalists for their retracted Russian report or was it a move to save their ass from a $100 million lawsuit as well saving the acquisition of AT&T – PB/TK

CNN Faced $100M Lawsuit Over Botched Russia Story – By Newsmax / June 28 2017

CNN sent three staffers packing after its false story about a Trump transition team member because the network feared a libel lawsuit that could hurt parent company Time Warner’s proposed purchase by AT&T, the New York Post reports.

Citing sources, the Post’s Emily Smith says CNN “immediately caved” after Anthony Scaramucci threatened a $100 million suit after the network falsely linked him to an investment fund owned by the Russian government. CNN later retracted the story.

Journalists Tom Frank, Eric Lichtblau and Lex Haris were then ‘urged to resign,'” Smith reports. “They called them in and said they’d pay out their contracts, but they should leave immediately,” one source told her.

Continue to newsmax.com article: http://www.newsmax.com/Newsfront/CNN-Story/2017/06/28/id/798693/

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