Fox News has fired a producer, Jessica Grossberg, after she accused the network of pressuring her to give misleading testimony in a defamation case against Dominion. Grossberg's attorneys argued that her firing was a "pretextual" attempt to mask Fox News' unlawful conduct. Grossberg said she was subjected to "coercive coaching" and "unprofessional behavior" by Fox News staff members in preparation for her deposition, and that she was retaliated against for her allegations. Fox News denies all wrongdoing and has stated that Grossberg was fired for improperly disclosing privileged information. Grossberg's attorneys are seeking to have her reinstated and to receive damages for her mistreatment.
Posts tagged as “First Citizens Bank & Trust Company”
The FDIC announced that First Citizens Bank & Trust Company will purchase all of Silicon Valley Bank’s (SVB) deposits and loans that were transferred to a bridge bank in the wake of its collapse. The purchase will help to ensure that customers’ deposits are protected and that the bank’s operations will remain stable. The FDIC also received equity appreciation rights in First Citizens BancShares, Inc., Raleigh, North Carolina, common stock with a potential value of up to $500 million.