Former Financial Talker Sues Papers, Reporters For Defamation
July 20, 2010 at 12:47 PM (PT)
Former "FOLLOW THE MONEY" syndicated financial radio show host PATRICK KILEY has filed a $42 million defamation lawsuit against the MINNEAPOLIS STAR TRIBUNE, the ST. PAUL PIONEER PRESS, his former co-host BOB CHAPMAN, and reporters DAN BROWNING and SARAH GORVIN of the STAR TRIBUNE and FRED MELO of the PIONEER PRESS.
KILEY claims the defendants defamed him after the SEC brought charges against money manager TREVOR COOK in an alleged Ponzi scheme; COOK confessed to the scheme in APRIL and awaits sentencing. KILEY claims that he was not aware of the Ponzi scheme when he promoted COOK's operations on his show.