France's Top Court Says Bloomberg Liable Over Hoax Release.

France's top court has upheld a decision that Bloomberg LP, a news organization, can be sanctioned for publishing information from a fake press release in 2016 that caused Vinci SA shares to drop. The court agreed with a previous ruling that Bloomberg could be penalized, even though they did not benefit from the release and did not intend to mislead the market. The court also deemed the €3 million fine imposed by the appeals court to be appropriate. Bloomberg expressed disappointment with the decision, citing concerns about press freedom and stating that their journalists reported on what seemed to be newsworthy information. They plan to consider further appeals. [Extracted from the article]