CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms

CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms

FIRST ON FOX – A Delaware court ordered on Friday that CNN parent company Warner Bros. Discovery has to hand over detailed financial documents if subpoenaed in support of a Plaintiff’s high-stakes defamation lawsuit, or else the company must offer a “sworn declaration” that they do not exist. 

U.S. Navy veteran Zachary Young alleges that CNN smeared his security consulting company, Nemex Enterprises Inc., by implying it illegally profited when helping people flee Afghanistan during the Biden administration’s military withdrawal from the country in 2021. Young believes CNN “destroyed his reputation and business” during a segment on “The Lead with Jake Tapper.” 

A Florida judge previously agreed with Young’s legal team that CNN should hand over sensitive financial information that the cable network presented to its parent company, Warner Bros. Discovery, in order to determine CNN’s net worth. However, Young’s attorneys say that they have not received the…

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CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms

 

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