Curated News
By: NewsRamp Editorial Staff
March 20, 2025
Benjamin Ballout Files $50M Lawsuit Against Radio Free Europe for Defamation
TLDR
- Benjamin Ballout seeks $50 million USD in damages from RFE, alleging defamation and financial harm.
- Lawsuit filed in the U.S. District Court for the Southern District of Florida against RFE and Todd Prince.
- Ballout aims to protect shareholders from false information and uphold corporate integrity.
- Lawsuit reveals potential foreign collusion and impacts on financial markets by defamation allegations.
Impact - Why it Matters
This news highlights the impact of false media publications on individuals and companies, showcasing the need for media responsibility and financial justice. The lawsuit could reshape corporate protection against government-funded misinformation campaigns, ultimately affecting how news outlets report on business entities.
Summary
Former ENERKON Solar International Chairman Benjamin Ballout files a $50 million lawsuit against Radio Free Europe and journalist Todd Prince, alleging defamation and financial damages. The legal action stems from false articles published by RFE that led to an SEC trading halt on ENKS stock, impacting shareholders and investors.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Benjamin Ballout Files $50M Lawsuit Against Radio Free Europe for Defamation
