Former clothing manufacturer Peter Nygard will be dropping a nearly decade-long lawsuit against CBC News, several producers of The Fifth Estate and journalist Bob McKeown. But CBC News has learned Nygard's lawyers will file a notice of discontinuance next Monday, dropping the case. The statement of claim filed in 2012 accused CBC of "intentionally and maliciously" broadcasting defamatory statements about Nygard in an April 2010 documentary by The Fifth Estate, called Larger than Life. CBC lawyers filed a statement of defence on June 5, 2012. The class action was put on hold last summer after a judge in the Southern District of New York entered a stay of proceedings, so the FBI could complete its investigation into Nygard, court documents say.

Source: CBC News February 20, 2021 03:11 UTC