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Bloomberg Was Sued For Africa News Change After Nigeria ForEx Change Under Submission

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Dec 10 – A dispute about African news and Bloomberg came to a head on December 10.      

  U.S. District Court for the Southern District of New York Judge Alison J. Nathan heard closing arguments in a bench trial, by Zoom. Inner City Press called in. 

 The complaint says "Bloomberg visited and become comfortable with Optima's Nigerian business partners... The Nigerian government imposed increasingly onerous restrictions on foreign-currency exchanges... Bloomberg unilaterally, intentionally, wrongfully and pretextually terminated the Agreement." 

  There were six days of Zoom testimony, in October 2020. Then proposed findings and conclusions of law and then the closing arguments.

The matter is submitted and will be decided soon.

 It is Optima Media Group Limited et al v. Bloomberg L.P., 17-cv-1898 (Nathan)


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