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Daily Beast, Others Face $5M Defamation Suit From Prep Mom

By Scott Flaherty (April 13, 2012, 4:39 PM EDT) -- Newsweek Daily Beast Co. LLC and three other media companies were hit Wednesday with a $5 million suit by a woman who says the outlets printed articles falsely stating she had no evidence to back tax fraud allegations she publicly leveled against an elite Manhattan school....

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