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Lemelson et al v. Bloomberg L.P. et al
Case Number:
4:16-cv-11650
Court:
Nature of Suit:
Judge:
Firms
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August 30, 2018
1st Circ. Rejects Priest's $100M Bloomberg Defamation Suit
A Greek Orthodox priest who also runs a hedge fund lost his First Circuit appeal in a $100 million defamation case against Bloomberg LP on Thursday when a panel ruled that he failed to show the news agency acted with actual malice when it reported in 2016 that he was under investigation for stock manipulation.
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May 22, 2017
$100M Defamation Suit Against Bloomberg Tossed
A Massachusetts federal judge on Friday dismissed a defamation suit against Bloomberg LP by a Greek Orthodox priest who runs a hedge fund, saying that while an article saying the Rev. Emmanuel Lemelson and his firm were under investigation for stock manipulation could be defamatory, its reporting did not cross the line because Lemelson is a public figure.