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SeeDevice and CEO Kim won major legal wins in a defamation case against KBS over a false 2024 report that harmed their business.
SeeDevice Inc. and CEO Dr. Hoon Kim have won key legal victories in a U.S. federal defamation lawsuit against KBS and KBS America over a false 2024 report claiming a government grant was revoked due to fraud in their quantum sensor technology.
A court had previously found no fraud, but KBS aired the misleading report, which plaintiffs say ruined a major investment deal.
The U.S. District Court in California repeatedly rejected KBS’s dismissal attempts, calling its tactics improper, and ordered the case to trial.
The plaintiffs, represented by attorneys with a history of major defamation wins including a $787.5 million settlement against Fox News, could seek substantial compensatory and punitive damages under U.S. law, with past verdicts reaching hundreds of millions.
The trial will now proceed in California.
SeeDevice y el CEO Kim ganaron importantes victorias legales en un caso de difamación contra KBS por un informe falso de 2024 que perjudicó su negocio.