Trump Files $15 Billion Lawsuit Against New York Times and Penguin Random House
US President Donald Trump has launched a $15 billion (S$19.2 billion) lawsuit against The New York Times, four of its journalists, and publishing giant Penguin Random House, accusing them of defamation and libel that he claims damaged both his reputation and financial standing.
According to the court filing, Trump’s legal team argues that the defendants “knowingly released false and damaging material,” which they say inflicted “massive economic harm” on his brand and contributed to losses, including a drop in Trump Media and Technology Group’s stock value.
The lawsuit comes shortly after Trump warned of legal action against The New York Times for reporting on his alleged connections to late financier Jeffrey Epstein.
As of press time, neither The New York Times nor Penguin Random House has issued a public response.
This legal move adds to a growing list of defamation suits Trump has filed against major media outlets, including The Wall Street Journal and CBS’s 60 Minutes.
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