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. The case, filed in the Middle District Court of Florida, cites a series of articles from The New York Times — including one opinion piece ahead of the 2024 election labeling Trump “unfit for office.” It also targets a Penguin Random House publication titled Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success . 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 Ne...