Sarah Palin Is Granted New Libel Trial Against The New York Times

Published On Aug 28, 2024, 1:01 PM

A federal appeals court has ordered a new trial for Sarah Palin in her libel lawsuit against The New York Times. The court found that the initial trial was flawed due to the presiding judge's exclusion of certain evidence and other rulings that may have influenced the jury's decision. Palin's lawsuit stems from a 2017 editorial in which she claims the Times defamed her by connecting her to a 2011 shooting incident. The appeals court's decision is seen as a significant step for accountability in media reporting.

Stock Forecasts

The ongoing legal battle involving Sarah Palin could impact The New York Times' reputation and potentially its stock price, as legal troubles often cause investor concern regarding financial liabilities and public image. The possibility of a retrial means continued media exposure around this case, which might provoke volatility in shares. Investors may consider this a negative aspect for the stock.

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A federal appeals court said the judge overseeing the original trial, which Ms. Palin lost, had wrongly excluded evidence and might have swayed jurors as they were deliberating.