'Pink Slime' Maker Slaps ABC With $1.2B Defamation Suit

Law360, New York (September 13, 2012, 4:24 PM EDT) -- A maker of the beef trimmings referred to by critics as "pink slime" launched a $1.2 billion defamation lawsuit in South Dakota on Thursday against American Broadcasting Cos. Inc. and journalist Diane Sawyer, claiming their news reports about the product imperiled its business.

Over a month-long period this spring, ABC ran at least 11 segments attacking Beef Products Inc. and its lean finely textured beef, or LFTB, according to a complaint filed by the company in state court. The network made nearly 200 false and disparaging...
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