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no_hypocrisy

(46,116 posts)
Tue Apr 3, 2018, 12:56 PM Apr 2018

Bezos could sue Trump for defamation of Amazon.

Last edited Tue Apr 3, 2018, 01:34 PM - Edit history (1)

https://www.minclaw.com/legal-resource-center/what-is-defamation/defamation-corporations-partnerships/

Defamation of Corporations and Partnerships

A corporation is defamed if material is published about that corporation that would tend to negatively impact its standing in the business in which it operates. Although a company or corporation is not considered to have a reputation in the sense that an individual does, statements that would impact the public’s view of a company’s financial soundness or managerial integrity are generally considered defamatory to a company’s business reputation. A company or corporation may sue for defamation if such statements would tend to deter others from dealing with it.

-snip-

Damages

Corporations may sue for defamation if they can show that the published material has caused them or is likely to cause them financial loss. If the required elements exist, a corporate plaintiff may recover presumed damages. This means that harm is presumed—no proof is required—in the matter, and a fact finder may assess an amount he or she deems is appropriate. Brown & William Tobacco Corp. v. Jacobson, 827 F.2d 1119, 1139 (7th Cir. 1987); Dun & Bradstreet, Inc. v. Greenmoss Builders, Inc., 472 U.S. 749 (1985).

Corporations and partnerships may also pursue special damages in a defamation cause of action. In such a case, the corporation must show evidence of financial loss that stems directly from reputational injury that was caused by the defamatory material. These losses could include a decline in the value of the company’s stock.

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Bezos could sue Trump for defamation of Amazon. (Original Post) no_hypocrisy Apr 2018 OP
Wow!!! What is Bezos waiting on? He doesn't even have to prove 'harm'. Harm is presumed. politicaljunkie41910 Apr 2018 #1
I think it was Richard Painter who suggested stock holders should sue Trump for causing them losses. Vinca Apr 2018 #2
Yep, Painter said Bezos can sue for securities fraud SummerSnow Apr 2018 #4
On Blloomberg a few minutes ago, Wellstone ruled Apr 2018 #3
tRumps appointed fed judges elmac Apr 2018 #6
Suits are filed in New York which gives one hope. Wellstone ruled Apr 2018 #7
Sorry, his lawyer safeinOhio Apr 2018 #5
Or, heaven forbid, fly Amazon delivery drones into the engines of AF-1 Submariner Apr 2018 #8

politicaljunkie41910

(3,335 posts)
1. Wow!!! What is Bezos waiting on? He doesn't even have to prove 'harm'. Harm is presumed.
Tue Apr 3, 2018, 01:13 PM
Apr 2018

I said in a post earlier that Bezos should sue for defamation, because I knew what defamation was and I was convinced that Trump had stepped over that threshhold. But thanks for posting the specific information. Trump is in trouble. Bezos has lost $53 billion already, that's billions with "B". He's lost more than Trump is worth. What are you waiting for Jeff???

 

Wellstone ruled

(34,661 posts)
3. On Blloomberg a few minutes ago,
Tue Apr 3, 2018, 01:14 PM
Apr 2018

Brokers and Traders are complaining to the SEC about Trump's Interference in the Market by slamming Amazon.

Just the start,my guess is,someone from Goldman Sach's will be calling Donnie telling him to STF up.

 

elmac

(4,642 posts)
6. tRumps appointed fed judges
Tue Apr 3, 2018, 03:43 PM
Apr 2018

will throw out any class action suits against him and the SEC is all about banksters who make money on up & down days so not looking for much help from them.

Submariner

(12,504 posts)
8. Or, heaven forbid, fly Amazon delivery drones into the engines of AF-1
Tue Apr 3, 2018, 04:00 PM
Apr 2018

next time Trump takes off for Mar A Shithole.

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