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Dominion is suing for 1.6 billion in their defamation case against Fox News. Google tells me they make an annual income of less then 100 million and their entire company is only valued at 80 million. To be frank, regardless of whether or not Fox is found liable of defamation it seems hard to believe that the alleged defamation from Fox News alone resulted in losses equal to twenty times Dominion's current net worth.

So I'm wondering if the filing specifies how Dominion came up with such a high number, and what their legal justification for it is. Do these sorts of lawsuit just always toss out some value known to be exaggerated expecting it to be lowered by the court even if they win, or - presuming they did win their lawsuit - would Dominion have reasonable expectation of being awarded the full 1.6 billion claim?

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    1.6 billion Is not twice 80 million, its 20X
    – George White
    Mar 8 at 18:43
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    I would suggest asking a single clear question like "How would the court come up with the value amount to award dominion in this defamation case?" or refine the question limited to your last question asked. As for how dominion came up with that number, nobody on this site would be able to answer that.
    – Digital fire
    Mar 8 at 19:18
  • @Digitalfire because nobody on this site has access to the complaint?
    – phoog
    Mar 8 at 21:20
  • @phoog Is that what I said? If the complaint outlines the process or arithmetic for how dominion came up with that numbers. Then it would make a great answer to this question. Otherwise it would be any ones guess.
    – Digital fire
    Mar 8 at 21:44

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The complaint is available online. In fact, it asks for more than 1.6 billion, because it doesn't suggest any amounts for certain categories. The amounts that are specified include things such as the cost of providing security in the wake of death threats they received. Starting on page 136, they ask for

  1. General compensatory damages in an amount to be determined at trial,

  2. Damages of not less than $600,000,000 for lost profits, not less than $1,000,000,000 for lost enterprise value, not less than $600,000 for security expenses, and not less than $700,000 for expenses to fight the disinformation campaign waged against them,

  3. Punitive damages in an amount to be determined at trial,

  4. Pre- and post-judgment interest, and

  5. Expenses and attorneys' fees.

Justification for the amounts in the second item is found in the complaint.

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