A circuit court in Cook County, Illinois granted summary
judgment in favor of Crain Communications (a publishing company)
and others for publishing an article in June 2016 that allegedly
was defamatory against Joseph J. Fox, then co-founder and CEO of
Ditto Holdings, Inc.
(See Fox v. Crain
Communications, Inc., et al., Case No. 17L5955.)
The article, titled "Frustrated investors led Fox hunt in
LA" in digital form and "The Elusive Fox Who Fled to
L.A." in print, addressed Ditto's financial position,
investigations launched by the SEC and the Financial Industry
Regulatory Authority, an employment lawsuit filed by a former Ditto
executive, and testimonials from Ditto's investors.