If Dominion Voting Systems prevail in their $1.6 billion defamation lawsuit against Fox News, it could result in a “financial death penalty” for the network, leaving it unable to survive due to a lack of operating capital, according to former prosecutor Katie Phang.
In a column she wrote for MSNBC, Phang notes that “Fox is now trapped in an ever-worsening spiral of lies of its own creation. Time and time again, Fox allegedly trafficked in lies and falsehoods.”
The court filing laying out text messages sent by Fox executives and on-air hosts released this week is especially damning, Phang continues:
“Dominion doesn’t just have the upper hand, it has the truth on its side. If Dominion is successful, then all that would be left to determine is the amount of damages that Dominion is entitled to receive. That’s where the numbers become astronomical. Dominion is seeking $1.6 billion in lost profits and reputational harm.”
And then there’s the possibility of punitive damages, which could result in billions more being awarded to Dominion, Phang explains.
“Punitive damages … are not capped under New York state law and could also be in the billions of dollars. Punitive damages are intended to punish the wrongdoer and to deter others from repeating that egregious conduct. And a multi-billion-dollar punitive damages verdict would not just punish Fox News. It would send a ringing message to all media companies to keep themselves in check and uphold the truth.”
Here’s more on the Dominion-Fox lawsuit from MSNBC:
