Visit AT&T's Investor Relations website to view earnings-related materials. It was certainly under a lot of pressure to do so with all of the negative media coverage. In May 2012, the American Chamber of Commerce to the European Union awarded Ambassador Kennard its highest honor, the Transatlantic Business Award, for his contribution to improving transatlantic relations, removing barriers to trade, and promoting issues and policies that support U.S. businesses operating in Europe.[8]. An earlier version of this story incorrectly identified the majority owner of Dominion Voting Systems as State Street Partners. On-air personalities brought on Trump allies Sidney Powell and Rudy Giuliani, who spread the claims, and then amplified those claims on Fox News massive social media platforms. Singer reportedly funded the original investigation The claim: A judge has ruled Dominion Voting machines were designed to create fraud A March 18 Facebook post accuses a voting machine company of fraudulent activity during the 2020. If the jury finds Fox liable in the case, the jury can award compensatory damages for actual losses suffered by Dominion including reputational harm and loss of value to the privately held company. External links to other Internet sites should not be construed as an endorsement of the views contained therein. This was a conscious, knowing business decision to endorse and repeat and broadcast these lies in order to keep its viewership, said attorney Justin Nelson, of Susman Godfrey. Listen, decisions on what kind of clients and cases to take have repercussions for a Biglaw firm. All Rights Reserved.
Former AG Barr defends Fox News in op-ed about Dominion lawsuit Scan this QR code to download the app now. 7. It can be very hard to show that people who didn't do business with you didn't do it for this reason as opposed to for some other reason," he said. In 2014, OAN entered into a carriage agreement with AT&T. Kennard was nominated as ambassador to the EU by Barack Obama in August 2009 and is a member of Secretary of State John Kerrys Foreign Affairs Policy Board.He was a key force behind Obamas decision in February 2013 to launch negotiations on the ambitious Transatlantic Trade.He was also chairman of the U.S. Federal Communications Commission after being appointed by President Bill Clinton in 1997. HIGH POINT, N.C., March 3, 2021 - High Point University welcomes William "Bill" E. Kennard, formerly U.S. [CDATA[ Bills deep knowledge of communications, media and technology, proven leadership and broad experience across capital markets and government uniquely positions him to serve as AT&Ts new chairman, Stephenson said. However, both AT&T and Dominion have disclaimed the notion that the former company was engaged in audit of the latter, or that any Dominion-related systems were being moved to Nashville in preparation for a "forensic audit" (by anyone). Go to the current State.gov website for up-to-date information. He worked to ensure that the EU "pivoted" with the U.S. when it came to dealing with Asia and integrating emerging powers into the global system.
The Man Who Settled the Fox-Dominion Defamation Case From a Romanian Everyone Dominion, Smartmatic Suing Over Election Conspiracy Theories Ambassador to the European Union to work with the institutions created by the EU's Lisbon Treaty,[7] including the High Representative of the Union for Foreign Affairs and Security Policy, the President of the European Council, and the European External Action Service. This would likely force the channel off the air. Download our free Practice Management Buyers Guide here. He serves on the boards of directors of AT&T, Inc., MetLife, Inc. and Duke Energy Corporation, and Ford Motor Company.
The "Vulture", Dominion Voting Systems, AT&T, CNN, and Twitter Defamation Suit Produced Trove Of Tucker Carlson Messages Dominion Voting Systems Files $1.6 Billion Defamation Lawsuit - NPR "Most jurisdictions don't change their voting systems like every couple of years, right? "When anyone comes forward and says there is no election fraud, the mainstream media supports those claims. Jones Day faced boycotts, attack ads, and morefor their election representations. [3] AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband. Gita Gopinath, the first deputy managing director of the International Monetary Fund, delivered the 2022 Martin Large data sets that include observations on many workers at a given firm, multiple decisions by individual judges, Former NBER research associate Ben Bernanke, current research associateDouglas Diamond, and Philip Dybvig have been awarded the 2022 Nobel Memorial 2023 National Bureau of Economic Research. It did not work well for him. U.S. News & World Report dubbed Kennard a "consumer champion for the digital age. Grantham said training election judges and staff on new equipment would be another huge undertaking.
AT&Ts first-quarter earnings conference call will be webcast at 8:30 a.m. This chapter reviews academic research on the connections between agglomeration and innovation. AT&T may end up settling the suit (as it did in 2016 when Herring sued AT&T for violating a verbal contract to carry OAN) just so no more of its dirty laundry is shown in public (click here for an in-depth expose by Reuters on AT&Ts relationship with OAN and former president Donald Trump).
William E. Kennard Named Chairman of AT&T's Board of Directors He graduated from Hollywood High School, then received his B.A. Information released online from January 20, 2009 to January 20, 2017. 2005-2023, Media Research Center. Prior to joining the FCC, Kennard worked at the law firm of Verner, Liipfert, Bernhard, McPherson and Hand (now DLA Piper), where he was a partner and member of the firm's board of directors. The complaint further alleges claims for breach of the covenant of good faith and fair dealing because, though AT&T is merely not renewing their carriage contract with OAN, a separate advertising deal with AT&T subsidiary Xandr runs until July 2024. Kennard was previously the ambassador to the European Union under Obama, and served as chairman of the Federal Communications Commission during Clintons presidency. He currently serves as the chairman of the Board of Directors of AT&T, Inc. Former Attorney General William Barr defended Fox News from claims of defamation brought in court by Dominion Voting Systems in an opinion column published in Rupert Murdoch's Wall Street Journal. AT&T announced in January that its subsidiary DirecTV would drop OAN in April after its carriage agreement expired. We thank Gilles Duranton, Vernon Henderson, and Will Strange for their editorial guidance and Ufuk Akcigit and seminar participants for their comments. And oh look, its Vedder Price thats doing the heavy lifting on behalf of OAN in its defense of that defamation suit filed by Dominion. Conservatives are under attack.
AT&T Chairman William Kennard: The Face Behind Effort to Crush OAN and Staple Street Capital is a private equity firm founded in 2009 based in New York.The co-founders Stephen D. Owens and Hootan Yaghoobzadeh are veterans of The Carlyle Group and Cerberus Capital Management, also the Board members of Dominion Voting. "You're talking about learning how to use the system, learning how to program the ballots in the election, learning how to just figure out the tabulation and the software and the hardware," he said. I am Media Forecasting Experts Managing Director, 30 years experience. AT&T, which holds the majority ownership stake in DirecTV (70 percent), is overseen by its liberal Board Chairman William Kennard, whos been accused of directly interfering in the decision by DirecTV to drop OAN April 2022. Herring did not take issue with the term of the Advertising Agreement because Herring had a reasonable belief that the Affiliation Agreement would be renewed. 2020 AT&T Intellectual Property. Nearly all the legal challenges from Trump and his allies were dismissed by judges, including two tossed by the Supreme Court, which has three Trump-nominated justices. 21, 2023. I look forward to working with our CEO and fellow board member John Stankey and the entire board to continue creating long-term value for all stakeholders investors, customers, employees and the communities we serve.. Some Fox News on-air reporting segments have debunked some of the claims targeting Dominion. He served as the United States Ambassador to the European Union from December 2009 to August 2013. 1995 - 2023 by Snopes Media Group Inc. Tuesday Primary of 1988, when Jesse Jackson won sixteen out of twenty states, won the popular vote, won the liberal vote, won the labor vote -- and made all people realize what most African-Americans had already known for years: Jesse Jackson is a force in American life. Voting machine company Dominion Voting Systems had sued Fox, accusing the company of airing false claims that its technology helped rig the 2020 presidential election in favor of Joe Biden. Mr. Kennard currently is non-executive chairman and co-founder of Velocitas Partners LLC, an asset management firm and is also a member of the Operating Executive Board of Staple Street Capital, a private equity firm. Sign up for our NB Daily newsletter to receive the latest news. [5] Kennard is married to Deborah D. Kennedy, a former Managing Counsel for ExxonMobil, with whom he has a son. " NEW YORK, July 16, 2018 /PRNewswire/ Dominion Voting Systems ("Dominion Voting") announces that it has been acquired by its management team and Staple Street Capital, a leading New York-based, middle-market private equity . The board of directors of AT&T Inc.* (NYSE:T) has selected William E. Kennard to serve as its chairman, effective January 2021, upon the retirement of Randall Stephenson, currently AT&Ts executive chairman of the board. "After they realized, you know, Trump lost, it was blamed on the voting system.". A person walks past the Fox News headquarters at the News Corporation building in New York City last month. . Plus, theres the whole recruitment aspect law firms flourish or wither based on their ability to recruit and retain the best and brightest minds.
William Earl Kennard, B.A., '81 J.D. | Yale University Senate Roll Call Vote #00284 | The Senate Democratic Caucus As Ambassador, Mr. Kennard worked actively to promote transatlantic trade and investment and to eliminate regulatory barriers to commerce. Great incentive system! He serves on the boards of directors of AT&T, Inc., MetLife, Inc. and Duke Energy Corporation, and Ford . But Niehoff says making the case for monetary damages can be challenging because of the complexity in connecting the dots between a business loss and why the loss happened. window.__mirage2 = {petok:"RE82nmVL1rYqmEZUiqisHMC.ewfxM3eUBjNGfDdI9As-1800-0"}; All other marks contained herein are the property of their respective owners. Still, some Fox News employees elevated false charges that Dominion had changed votes through algorithms in its voting machines that had been created in Venezuela to rig elections for the late dictator Hugo Chavez. Herring claims in the lawsuit that Kennards executive roles at both AT&T and Staple Street cause a conflict of interest. She said it's not necessarily surprising that jurisdictions have stayed with the company despite the false claims. AT&T board Chairman William Kennard is a registered Democrat who was appointed FCC chairman by President Bill Clinton in 1997 and ambassador to the European Union by President Barack Obama in 2009. Kennard is one of the three executive board members of Staple Street Capital, the middle market private equity firm that along with the Dominion Voting Systems management team acquired Dominion Voting Systems in 2018. "[6] He has received many honors and awards for his accomplishments, including honorary degrees from Howard University, Gallaudet University and Long Island University and awards from the Congressional Black Caucus Foundation, the Easter Seals Foundation, and the Hispanic Chamber of Commerce.
Fox . At the same time, he implemented bold new policies to bridge the digital divide in the United States and around the world. [Mother Jones]. Contact ABC News (818) 460-7477, CBS News (212) 975-3247 and NBC News (212) 664-6192 and demand they report on Kennards connections to both DirecTVs deplatforming trend and an ongoing lawsuit against OAN and Newsmax. **Our intentions are aimed towards a fairer, more transparent world and a better future for everyone.**. Grantham and other election professionals say the true impacts of the 2020 conspiracy theories on Dominion's business may not be known for years when current voting machine contracts come due, and if officials in conservative counties face political pressure to look elsewhere for their equipment. ", Jones said trust in the company "doesn't exist within Shasta County. According to an analysis provided to NPR by the election security group Verified Voting, Dominion has actually seen a net increase in jurisdictions using Dominion equipment since 2020. The Office of Website Management, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. Thats certainly *a* look for a Biglaw firm. On July 16, 2018, Dominion Voting Systems announced that it had been acquired by its management team and the private equity firm Staple Street Capital.Staple Street Capital is owned by Cerberus Capital Management and Staple Street Capital executives run Cerberus Capital Management.. We wish him all the best.
", In an interview with NPR, Joanna Francescut, the assistant county clerk who runs the Shasta County elections office, said many voters in the rural and heavily pro-Trump county easily accepted the lies about Dominion. During his tenure, he shaped policies that created an explosion of new wireless phones, brought the Internet to a majority of American households and incentivized billions of dollars of investment in new broadband technologies. 1996 - 2023 NewsHour Productions LLC.
Fox News Settles Defamation Suit for $787.5 Million, Dominion Says William E. Kennard - Federal Communications Commission //]]> A discussion of factors that may affect future results is contained in AT&Ts filings with the Securities and Exchange Commission. Theres also an allegation that the confidentiality provision of the contract was violated when the coming nonrenewal was disclosed to the press. But, lets get back to the instant case, because thats not all thats in there. One day visit trip report yesterday. * Donald Trump seeks mistrial after judge refused to let defense counsel play fast and loose with the definition of bringing a rape charge. Yeah, the argument its unfair that you were more precise is rarely a winner. An email sent to Fox News on Friday morning, seeking comment on the lawsuit, was not immediately returned.
Did AT&T Have a Contract to Audit Dominion Voting Systems? If you want to know why the decision to part ways with OAN was made by AT&T, well, the lawsuit has a theory. Kennard was the first U.S. Its the first defamation suit filed against a media outlet by the voting company, which was a target of misleading, false and bizarre claims spread by President Donald Trump and his allies in the aftermath of Trumps election loss to Joe Biden. In the lawsuit, Herring claims that in 2013 AT&T approached Herring about launching an alternative conservative leaning network as a competitor to Fox News Network. No surprise there.
Judge rules Dominion defamation case against Trump allies can proceed The data shows that OAN was ranked 24th (excluding broadcast networks) out of over 300 channels, placing OAN in the top 10%.
Fact Check-William Barr had ties to Dominion Energy Inc., not In other words, the chairman of the company that owns the programming distributor that dropped OAN and Newsmax, is also an executive board member of the firm that owns the voting company thats suing both outlets. Shasta County Supervisor Patrick Henry Jones, who brought forward the motion to cancel the contract, said he researched Dominion's machines and said he couldn't rely on the mainstream media for information about their accuracy. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. Dominion's damage claims assume that it "is not going to gain any new customers, not a single new customer is going to walk in the door. Providing pertinent information or guidance to an interested audience is considered effective marketing content. He is a co-founder of Astra Capital Management, a private equity firm. In January 2023, San Diego Superior Court Judge John S. Meyer ruled that the suit could continue, staving off an attempt by AT&T, DirecTV and others to kill it. During his time in the private sector, Kennard was managing director of The Carlyle Group, a global private equity firm. Prior to becoming ambassador, Kennard was managing director of The Carlyle Group, a global private equity firm with over $100 billion under management. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the companys website at https://investors.att.com. degree from Yale Law School in New Haven, Connecticut in 1981. Your membership is the foundation of our sustainability and resilience. The truth matters. All Rights Reserved. However, having adequately alleged a breach of the confidentiality provision, Herring would at a minimum be entitled to nominal damages. A major sticking point, reported Times of San Diego, was a Herring demand to put AT&T board chairman William Kennard under oath in a deposition and collect documents involving his alleged effort to end the DirecTV deal with OAN.
Kennard served as chairman of the U.S. Federal Communications Commission from November 1997 to January 2001. Dominion Voting Systems is suing Fox News and parent company Fox Corp. over election fraud claims that Fox aired in 2020 and 2021. Ethan Miller/Getty Images
How Dominion's Owner Turned a $38 Million Investment Into a Windfall The cable giant lost viewers after the election and was seen by some Trump supporters as not being supportive enough of the Republican. US Elections were November 3, 2020. In the lawsuit, which claims breach of contract, breach of the covenant of good faith and fair dealing, intentional interference with business expectancy and violation of Californias Unfair Competition Law, Herring claims OAN ranks ahead of CNBC, CNN Headline NewsFox Business and Newsmax in the ratings (according to data from AT&T as of the third quarter of 2021). in Communications from Stanford University and earned his law degree from Yale Law School. Note: documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view. It is now widely targeted in conservative circles, seen by millions of people as one of the main villains in a fictional tale in which Democrats nationwide conspired to steal votes from Trump, the lawsuit said. Kennard joined The Carlyle Group in May 2001, where he led investments in the telecommunications and media sectors. In a lawsuit that OAN filed against AT&T and DirecTV in March 2022 alleging breach of contract, owner Herring Networks asserted that Kennard is motivated to use his role and position of influence at AT&T to induce DIRECTV not to continue its carriage of OAN, to the benefit of Kennard, Staple Street, and Dominion and to the detriment of OAN. The lawsuit stipulated that [w]hen DIRECTVs [Chief Content Officer]Rob Thun informed Herring of the decision not to renew the Affiliation Agreement, Thun added that the decision was political and was made at the board level, implying that AT&T leadership such as Kennard influenced the nonrenewal decision.. Colleen Long, Associated Press "Following Fox's defamatory statements, Dominion's business suffered enormously, and its claim for compensatory damages is based on industry-standard valuation metrics and conservative methodologies. He currently serves as a Fellow of the Yale Corporation and is a member of Secretary of State John Kerrys Foreign Affairs Policy Board. He said audits consistently show that the Dominion machines accurately count ballots, and the cost and training to switch just wouldn't be feasible. Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward opening statements, paying more than $787 million to end a colossal two-year legal battle . 2022, 14th Annual Feldstein Lecture, Gita Gopinath, "Managing a Turn in the Global Financial Cycle", 2022 Methods Lecture, Jiaying Gu, "Empirical Bayes Theory and Applications", 2022 Nobel Prize Celebrates Banking Research, The Bulletin on Retirement and Disability, Productivity, Innovation, and Entrepreneurship, Boosting Grant Applications from Faculty at MSIs, Conference on Research in Income and Wealth, Early Indicators of Later Work Levels, Disease and Death, Improving Health Outcomes for an Aging Population, Measuring the Clinical and Economic Outcomes Associated with Delivery Systems, Retirement and Disability Research Center, The Roybal Center for Behavior Change in Health, Training Program in Aging and Health Economics, Transportation Economics in the 21st Century. Just a few months after Kennards donation(s), Newsmax TV host Joe Pinion would challenge Schumer for his senate seat in January, 2022. The company says its employees and offices have faced years of violent threats due to baseless conspiracy theories that Dominion's equipment changed votes for then-President Donald Trump to his opponent, Joe Biden, in 2020. I suspect there's a lot of that and more than what actually shows on the surface," said Smith. Before joining The Carlyle Group, Mr. Kennard served as chairman of the U.S. Federal Communications Commission from November 1997 to January 2001. [10] He currently serves as a member of the board of trustees of Yale University. Heres How. Kennard's role at Staple Street "includes ensuring Dominion defeats its opponents such as Herring in Dominion's defamation litigation," Herring said. Today, May 17, 1998, is a great day. On Christmas morning of 2020, a recreational vehicle exploded on the streets of Nashville near a building owned by AT&T that lies one block from the companys office tower. Ambassador Kennard helped cement close U.S.-EU coordination on a range of common foreign policy priorities, including policies related to the Balkans, Libya and the transitions in the Middle East, and the adoption of historic non-proliferation sanctions against Iran and North Korea. However, the lawsuit claims that on January 14, 2022 OAN President Charles Herring was told by DirecTV SVP of Content Rob Thun that they were dropping the network and the decision was made at the Board level and was political..