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Venture capital firm tied to Donald Trump Jr weighs legal action against ABC News over botched report

Legal action threat tied to Trump Jr. against ABC News signals high-profile media litigation risk.

What happened: 1789 Capital, a venture capital firm where Donald Trump Jr. is a partner, is weighing legal action against ABC News after ABC deleted and then republished a revised report on Trump family investments. Key numbers: Original report claimed a $2.5 billion Anduril stake by 1789 Capital; the firm's investment was about $50 million. Why it matters: A spokesperson says lawyers have contacted ABC and Disney and that the editor's note admitting errors is not sufficient. Sen. Bernie Moreno called for an FCC investigation into the report.
1789 Capital, a venture capital firm where Donald Trump Jr. is a partner, is weighing legal action against ABC News after ABC deleted and then republished a revised report on Trump family investments.
A spokesperson says lawyers have contacted ABC and Disney and that the editor's note admitting errors is not sufficient. Sen. Bernie Moreno called for an FCC investigation into the report.
Sources