Freedom of the Press Foundation has cautioned Paramount's Shari Redstone not to settle a lawsuit from Donald Trump, warning of legal action if they do. The group's director highlights that settling such a lawsuit undermines First Amendment rights. A litigation hold has been requested to preserve relevant documents. The lawsuit claims CBS's editing of an interview constituted election interference, and an attempt to settle could expose executives to charges of breaching fiduciary duties. Previous statements by Paramount denounced the lawsuit while seeking a merger potentially reliant on the Trump administration's approval.
"Corporations that own news outlets should not be in the business of settling baseless lawsuits that clearly violate the First Amendment."
"The nonprofit is able to seek damages because it owns shares of Paramount... alleging that the settlement would amount to the company's executives breaching their fiduciary duties."
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