Luxury giant Saks Global has sued the publisher of Puck News, claiming that the site failed to disclose a reporter’s “conflict of interest” as he churned out a series of negative “hit pieces” on the company that have allegedly cost it hundreds of millions of dollars.
The owner of Saks Fifth Avenue and Neiman Marcus alleges that Puck News columnist William D. Cohan – whose books have included “House of Cards” about the 2008 financial crisis – penned a series of articles this year that falsely suggested the privately owned retailer would file for bankruptcy.
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