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The New York Times Loses Defamation Lawsuit in Alabama

Reported by New York Times Business · nytimes.com · August 20, 2026

A 2023 article incorrectly reported that a University of Alabama basketball player was at the scene of a deadly shooting. A jury awarded $9.25 million in damages.

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What to watch: NYT (NYT) faces a legal or regulatory issue — headline risk here is often larger than the eventual financial impact.

Amount
$9.25 million

Market reaction today: $NYT +2.74%

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