Jury awards $3 million in damages over Rolling Stone rape story
- Noble Energy (NBL) to Acquire Clayton Williams Energy (CWEI) for $2.7B in Cash and Stock
- Nasdaq hits record; bank earnings validate Wall St. rally
- Intrawest Resorts (SNOW) Exploring a Possible Sale - Reuters
- Alibaba (BABA) Has No Plans to Acquire Rest of Groupon (GRPN) - Source
- Time (TIME) Said to Soon Begin Discussions with Interested Buyers - Bloomberg
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
(Reuters) - A federal court jury awarded $3 million in damages on Monday to a University of Virginia administrator that was found last week to have been defamed by Rolling Stone magazine's now-retracted story about a gang rape.
The 10-person U.S. District Court jury in Charlottesville, Virginia, determined that the writer of the article, Sabrina Rubin Erdely, should pay $2 million in damages and the magazine $1 million to the administrator, Nicole Eramo.
Eramo, the former associate dean of students at the university, had sought at least $7.5 million in compensatory damages and $350,000 in punitive damages in the high-profile case.
"With careful consideration of the facts in evidence for determining damages, the jury made its determination. We were proud to execute our civic duty," said jury forewoman Deborah Parmelee, reading from a brief statement from the jury after the hearing on Monday, according to the New York Times.
Samuel Bayard, an attorney for Rolling Stone, declined to comment when reached by phone following the verdict on Monday night. The magazine apologized to Eramo after last week's verdict.
Following a three-week trial, the jurors on Friday found Rolling Stone, owner Wenner Media and Erdely liable for actual malice against Eramo in the magazine's November 2014 story "A Rape on Campus."
The magazine reported that a female student identified only as "Jackie" was raped at a university fraternity in 2012. The story sparked a national debate about sexual assault at U.S. colleges and resonated with many who saw it as a battle cry against sexual violence on campuses.
Rolling Stone admitted that it never sought comment from the seven men accused of the alleged rape and retracted the story in April 2015. An outside review found the magazine had failed to follow basic journalistic safeguards in an embarrassing blow to the pop culture publication, founded by Jann Wenner in 1967.
Eramo accused the magazine of portraying her as the story's villain and as being focused on hushing up sexual assault reports. She has claimed damages from the story including harm to her reputation, embarrassment, emotional distress and humiliation.
Eramo now works in an administrative role at the almost 200-year-old university, which was founded by Thomas Jefferson and has long ranked as one of the top public universities in the United States.
Campus sexual assault remains a major concern, with some reports estimating that one in five female students will be a victim.
(Reporting by Ian Simpson in Washington, Curtis Skinner in San Francisco and and Dan Whitcomb in Los Angeles; Editing by Dan Grebler, Lisa Shumaker and Paul Tait)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Baidu names former Microsoft exec as COO in artificial intelligence push
- Trump 'won't be worse than Obama,' says Venezuela's president
- UK businesses wary about investment on Brexit doubts: survey
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!