Trump Revives $10B Defamation Suit Against News Corp After Judge’s Dismissal
NWSA•President Trump revived his $10 billion defamation suit against News Corp over a July 2025 Wall Street Journal report claiming he sent Jeffrey Epstein a birthday note. Filed after a judge dismissed his earlier filing for lacking proof of actual malice, the updated case drove News Corp shares 0.07% lower.
1. Lawsuit Revival
President Trump filed an updated defamation complaint in Miami demanding $10 billion from News Corp over a July 2025 Wall Street Journal article that alleged he sent Jeffrey Epstein a birthday note in 2003. The complaint targets executives including Rupert Murdoch and CEO Robert Thomson alongside reporters Khadeeja Safdar and Joseph Palazzolo.
2. Dismissal and Revision
A federal judge previously dismissed Trump’s initial filing for failure to establish actual malice, prompting the revised lawsuit to address that deficiency and reassert claims of significant reputational and financial harm. Trump’s legal team asserts the newspaper ignored evidence that challenged the story’s accuracy.
3. Market Impact
News Corp Class A shares fell 0.07% in Thursday premarket trading as investors weighed potential liabilities. Dow Jones and News Corp have pledged to defend the report’s accuracy and prepare to challenge the lawsuit in court.
