Brickley writes, “Five years in the making, the case threatens ABC News with punishing damages over its coverage of lean, finely textured beef, or LFTB, a component of about 70% of the ground beef found on supermarket shelves in 2012, when the stories ran.
“Due to a South Dakota food-libel law that triples damages against those found to have knowingly lied about the safety of a food product, ABC News could be hit with as much as $6 billion in damages.
“The network stands by its reporting.
“‘We are pleased that the Court dismissed all claims against Diane Sawyer,’ ABC News said in a statement. ‘The Court has not ruled on the merits of the case against the other defendants, and we welcome the opportunity to defend the ABC News reports at trial and are confident that we will ultimately prevail.’ Decades of First Amendment law back ABC’s defense — its right to report truthfully on a newsworthy subject, what is in the nation’s food supply, the company’s lawyers say. Every broadcast said the meat product was safe.
“Beef Products says it was forced to close three of its four plants and erase hundreds of jobs when consumers recoiled. It declined to provide current production figures.”
Read more here.
Washington Post Business Editor Lori Montgomery: We’re delighted to announce that Sandhya Somashekhar, an insightful…
CoinDesk markets reporter Lyllah Ledesma is leaving the news organization after four years for a new opportunity.…
Allie Garfinkle of Fortune, who writes its Term Sheet newsletter, was interviewed by SBS Communications…
STAT News executive editor Rick Berke posted the following: Dear Readers, Please bear with me…
The Oregonian seeks a reporter to tackle real estate news, trends in housing and the…
Al Mannarino, senior podcast producer at Adweek, has left the news organization. He has been…