American billionaire wins defamation lawsuit against Peter Nygard
Posted on: Dec 24, 2025 05:43 IST | Posted by: Cbc
Billionaire hedge in monetary fund manager joseph louis barrow roger bacon has won his long-running calumniation lawsuit alleging that former fashion mogul and convicted sex offender Peter Nygard spread lies about him during a public spat over their adjacent properties in the Bahamas.
Justice Richard Latin in Manhattan said in an order on Monday that Nygard had admitted he had no evidence to back up his claims against Bacon, including that he was a murderer, narcotics trafficker and white supremacist. Bacon said in his lawsuit that Nygard's claims were "brazen lies."
Nygard's lawyer, Peter Sverd, said in a statement on Tuesday that Nygard will continue to fight the case and expects to appeal.
Lawyers for Bacon, the founder of Moore Capital Management, did not immediately respond to emails seeking comment on Tuesday.
Nygard, the founder of Nygard International, who was once one of Canada's richest men, is serving an 11-year prison sentence in Canada for sexual assault.
Bacon and Nygard were neighbors in an exclusive gated community in the Bahamas and became embroiled in a bitter dispute over Nygard's efforts to expand his property, which Bacon opposed.
In his lawsuit filed in 2015, Bacon accused Nygard of orchestrating an obsessive and malicious smear campaign to falsely link Bacon to arson, bribery, drug smuggling, the Ku Klux Klan and murder.
Nygard was found guilty by a Toronto jury on four counts of sexual assault in 2023. He was acquitted of a fifth count of sexual assault and one count of forcible confinement. Nygard has denied the allegations against him.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.