Smartmatic's lawsuit against Fox News heats up with Murdoch depositions washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
In order for capital markets to function well, investors need accurate information about securities. If investors do not trust firms’ disclosures, they will discount what they are willing to pay for securities, increasing the cost of capital and thereby making it more difficult, even for honest firms, to fund productive endeavors. Moreover, investment decisions based on inaccurate information distort the efficient allocation of resources in an economy.
Smartmatic says claims aired by the network contributed to losing $2.7 billion in business through 2025. In a new suit, Fox says that figure represents absurdly huge growth for the small business.
Smartmatic says claims aired by the network contributed to losing $2.7 billion in business through 2025. In a new suit, Fox says that figure represents absurdly huge growth for the small business.