In recent weeks, it has also come to light that Silicon Valley billionaire Peter Thiel has been bankrolling the lawsuit against Gawker. Gawker has written about Thiel in the past, publicizing the fact that he is a gay man. THE JURY SIDED WITH THE FORMER WRESTLER ON ALL COUNTS, AWARDING HIM 115 MILLION, FIGHTING AGAINST GAWKER, THE FOUNDER AND EDITOR IN CHIEF FOR. Hulk Hogan has settled with Nick Denton for 31 million, ending a years-long legal fight between the former wrestler and founder of Gawker, which shut down because of the lawsuit.
Gawker quickly put in an appeal after the judge denied its request to reduce the damages. During the trial, lawyers for Gawker noted that the large verdict is “ far beyond the means” of the company. Daulerio, who edited when it published the clip in 2012, was finalized by the judge.Īccording to court papers, the damages carry an interest rate of 4.78 percent per year. The hefty verdict included $25.1 million in punitive damages, $10 million of which is to come directly out of the pocket of Gawker Media founder and chief executive officer Nick Denton, and $100,000 to come from A.J. Hulk Hogan, the retired wrestler who won 140 million in an invasion-of-privacy lawsuit against Gawker in March after it published a sex tape of him and a friend’s wife, sued the. Inside the VIP Tent at the 2023 Veuve Clicquot Polo Classic Gawker: A timeline Jurors in the Hulk Hogan sex tape case ignored a plea for mercy Monday and added another 25 million to the 115 million they already awarded ex-wrestler Hulk Hogan.
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