Trump-owned social media company Truth Social filed a defamation lawsuit on Monday against 20 leftist media outlets and two social media companies for defamation.
Plaintiff Trump Media & Technology Group Corp sued the following outlets:
The Miami Herald
The Daily Beast
The New York Daily News
The Daily Mail
The suit alleges:
“An unprecedented and seemingly coordinated media campaign by no less than 20 major media outlets, to attack Trump Media & Technology Group (“TMTG”) and its social media platform, Truth Social, by falsely reporting that TMTG had lost $73 million.”
The suit claimed the number was “an utter fabrication” and that each defendant, “in apparent coordination,” published the number almost in unison.
The suit claims the outlets sourced an SEC filing, but that $73 million loss amount is not contained in the cited filing.
Truth Social alleges that this was “a coordinated effort” to damage its reputation and hinder an anticipated merger.
The suit contends:
“All defendants ran nearly identical headlines that reported some variation of ‘Trump’s Truth Social’ having lost ‘$73 million.'”
The suit states the false reports “deeply harmed” Truth Social as it had the effect of “eroding faith in the company’s operations and management.”
It also adds that it made it “more difficult” for the company to raise additional funds ahead of its anticipated merger, which is currently pending with the SEC.
Rumble CEO Chris Pavlovski said:
“Truth Social just filed an unprecedented defamation lawsuit incorporating twenty media companies. The tide is finally turning, corporate media and activists are going to feel the heat.”
Truth Social just filed an unprecedented defamation lawsuit incorporating twenty media companies.— Chris Pavlovski (@chrispavlovski) November 21, 2023
The tide is finally turning, corporate media and activists are going to feel the heat 🔥 pic.twitter.com/mHA11tmuAv
Meanwhile, Elon Musk has initiated a “thermonuclear lawsuit” against the George Soros-backed Media Matters for America.
In a statement attached to a post on X, Musk said:
“This week, Media Matters for America posted a story that completely misrepresented the real user experience on X in another attempt to undermine freedom of speech and mislead advertisers.”