Lucky Loser: How Donald Trump Squandered His Father's Fortune and Created the Illusion of Success
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Trump’s $15B NYT Lawsuit Rejected but Refiler Twist Triggers $TRUMP Coin Selloff
Yahoo Finance· 2025-09-19 19:53
Core Viewpoint - A federal judge has dismissed Donald Trump's $15 billion lawsuit against The New York Times, citing improper filing and excessive political rhetoric, allowing for a potential refiling with a shorter complaint [1][3]. Group 1: Legal Proceedings - The lawsuit was criticized for its length and tone, spanning 85 pages with defamation claims appearing only on page 80 [1]. - The court has given Trump's legal team 28 days to submit a revised complaint not exceeding 40 pages [3]. - The complaint accused The New York Times and its reporters of defamation, claiming damages to Trump's reputation and brand value [3][4]. Group 2: Content of the Lawsuit - The lawsuit included extensive praise for Trump's business career and attacks on "legacy media," which the court deemed excessive and irrelevant [2]. - Trump alleged that The New York Times acted as a "mouthpiece of the Democrat Party" and engaged in "persistent election interference" [4]. Group 3: Market Reactions - The dismissal of the lawsuit has led to significant sell pressure on the Trump-linked $TRUMP coin, reflecting legal uncertainty and volatility in assets associated with Trump's political brand [5][6]. - The case serves as a reminder of the risks associated with political tokens, prompting calls for stronger investor education within the crypto sector [6].
Judge Throws Out Trump's Lawsuit Against The New York Times For Being Too Long
Forbes· 2025-09-19 18:10
Core Points - President Donald Trump's $15 billion lawsuit against The New York Times was dismissed by a federal judge due to the complaint being excessively lengthy and not meeting the requirements of Rule 8 [1] - The judge noted that the lawsuit, spanning 85 pages, contained repetitive and superfluous allegations, including claims about Trump's reality TV show "The Apprentice" [1] - Trump has the option to re-file the lawsuit within 28 days, with a requirement to limit the complaint to under 40 pages [1] Group 1 - The lawsuit accused The New York Times of making defamatory statements aimed at damaging Trump's reputation and sabotaging his 2024 presidential candidacy [3] - Specific articles and a book titled "Lucky Loser: How Donald Trump Squandered His Father's Fortune and Created the Illusion of Success" were highlighted in the lawsuit [3] Group 2 - The Trump administration has a history of targeting the media through various legal actions and funding cuts, including a recent $1.1 billion funding cut from the Corporation for Public Broadcasting [4] - A previous lawsuit against CBS News resulted in a $16 million settlement after Trump claimed deceptive editing of an interview [4]
Trump's $15 billion suit against NY Times struck as 'improper,' judge allows refiling
CNBC· 2025-09-19 17:23
Core Points - A federal judge dismissed President Trump's $15 billion defamation lawsuit against The New York Times, labeling it as "decidedly improper and impermissible" but allowed for a shorter amended complaint to be filed within a month [2][4] - The judge criticized the original lawsuit for being excessively lengthy and filled with irrelevant praise and allegations, consuming 85 pages with only a few pages dedicated to the actual claims [2][3] - The judge emphasized that a legal complaint should not serve as a platform for political rhetoric or personal grievances, likening it to a public relations tool rather than a serious legal document [3] Legal Proceedings - Trump and his legal team have 28 days to submit an amended lawsuit, which must not exceed 40 pages, excluding certain elements [4] - The original complaint included Penguin Random House as a defendant due to a book published by them that Trump’s lawyers claimed was defamatory [5] - Trump's legal team expressed intent to hold the media accountable through the lawsuit, while The New York Times welcomed the judge's ruling, indicating the complaint was more political than legal [6]
Trump says he is bringing a $15 billion lawsuit against The New York Times
Business Insider· 2025-09-16 04:35
Core Points - President Donald Trump is suing The New York Times for defamation and libel, seeking $15 billion in damages [1] - The lawsuit was filed in the Tampa division of the Middle District of Florida by Trump's lawyer, Alejandro Brito, who has previously represented Trump in similar cases [2] - The lawsuit claims that the Times has engaged in a long-term pattern of malicious defamation against Trump, labeling the newspaper as a "mouthpiece of the Democrat Party" [7] Summary by Sections Lawsuit Details - The lawsuit accuses The New York Times and four of its journalists of attempting to destroy Trump's reputation and subjecting him to humiliation [2] - Specific articles and a book titled "Lucky Loser" by Times reporters are cited as part of the defamation [2] Previous Legal Actions - This is not the first lawsuit Trump has filed against The New York Times; a previous case in 2021 was dismissed, resulting in Trump owing the Times $392,638.69 in legal fees [9]