First of all. I NEVER EVER said anything about a Libel Lawsuit. I talked about an alleged LIBELOUS lawsuit. That's very important, the ending after libel is -ous.
Here's the difference:
a libel lawsuit is a lawsuit alleging someone of libel.
an alleged LIBELOUS lawsuit...is alleging that there's a lawsuit in the first place. That allegation may be true or false. Secondly, the alleged lawsuit may be LIBELOUS. In other words, by alleging a lawsuit, an individual may be doing some libel. That's why the lawsuit itself is libelous.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.