00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump lost his appeal of an $83 million defamation judgment in the E. Jean Carroll case
00:06that according to the Wall Street Journal. Second Circuit said Trump engaged in years
00:10of relentless attacks on Carroll, accusing her of lying and claiming her lawsuit was
00:14politically motivated. Judges agreed the jury could conclude only a large financial penalty
00:18would deter him from further defamation. Manhattan jury found Trump defamed Carroll
00:22by denying her 1990s assault claims, with Trump attending parts of the trial and briefly
00:27testifying. Judges rejected Trump's claim of presidential immunity and upheld damages
00:31tied to Carroll's lost career opportunities and steep income decline. Three judge panels
00:36appointed by Democratic presidents. Carroll's lawyer welcomed the decision while Trump's
00:40lawyer said he plans to petition the Supreme Court to hear the case.
00:43For all things money, visit Benzinga.com.
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