20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Former U.S. President Donald Trump has been directed to cover close to $400,000 in legal expenses to The New York Times and three of its journalists.
What Happened: As reported by NBC on Friday, Donald Trump’s failed lawsuit against The New York Times and journalists Susanne Craig, David Barstow, and Russ Buettner has resulted in him being mandated to pay $392,638.69 in legal charges. Trump initially filed the lawsuit in 2021 over a 2018 Pulitzer-awarded article that scrutinized the Trump family's wealth and tax records. The Times and its journalists were absolved from the case in May 2021.
Trump’s lawsuit claimed his niece, Mary Trump, violated the conditions of a settlement agreement by disclosing tax records to the press. Trump sought $100 million in damages.
See Also: Trump Opts To Deliver His Own Closing Argument In New York Civil Fraud Trial: Report
In his verdict, New York Judge Robert Reed stated the amount is "reasonable" considering the complexity of the case, a view contested by Trump's attorneys who labeled the costs as "exorbitant" and meriting "a significant reduction."
Danielle Rhoades Ha, a spokesperson for The Times, said the judgment sends a clear message against the misuse of the judicial system to “try and silence journalists,” as reported by the Associated Press.
Alina Habba, Trump's attorney, expressed disappointment over The Times and its journalists being excluded from the case but maintained the strength of their accusations against Mary Trump.
Why It Matters: The verdict represents a significant financial setback for Trump, demonstrating the potential cost of lawsuits against major media outlets. The outcome of the lawsuit underscores the importance of freedom of the press. It reiterates how the judicial system supports and protects journalists against attempts to silence them, particularly in cases involving high-profile figures. The case also highlights the potential legal implications of violating settlement agreements. Despite the setback, Trump’s legal team remains committed to pursuing their claims, signifying an ongoing legal battle.
Disclaimer – This article was written with the help of artificial intelligence (AI).
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!