ABC Trial Broadcasts Media's Liability In 'Fake News' Era

Law360, Los Angeles (June 28, 2017, 9:51 PM EDT) -- ABC Inc.'s mid-trial settlement of accusations it slandered a beef company by calling its product "pink slime" is the latest signal to deep-pocketed story subjects that in the era of "fake news," they have a good chance in court against even strongly defensible news stories, experts say.

ABC and Beef Products Inc. on Wednesday announced they had reached a confidential settlement, cutting short a potentially monthslong South Dakota trial that saw BPI try to prove ABC cost it $1.9 billion by reporting its beef trimmings product was "pink slime."

ABC's decision to resolve the dispute without a verdict in its favor...

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