Bacon Wins Defamation Suit Against Nygard
Update: 2025-12-23
Description
Billionaire hedge fund manager Louis Bacon wins defamation lawsuit against former fashion mogul Peter Nygard, who admitted to having no evidence for his wild claims. The feud began over Nygards property expansion plans in a Bahamas community, leading to a vicious smear campaign by Nygard, including fake videos and protests, accusing Bacon of various crimes. Nygard is now serving an eleven-year prison sentence for sexual assault.
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