Venture capital firm tied to Donald Trump Jr weighs legal action against ABC News over botched report

Venture capital firm 1789 Capital is considering legal action against ABC News for a report that contained significant factual errors regarding investments linked to Donald Trump Jr. and Eric Trump. The network initially published a story claiming billions in government contracts were secured through these investments, but later deleted and republished a revised version acknowledging errors. 1789 Capital asserts the original report was a false ‘hit job’ and is unsatisfied with ABC News’ response.

• 1789 Capital is contemplating legal action against ABC News for a report containing inaccuracies about investments tied to Donald Trump Jr. and Eric Trump.
• The original ABC News report claimed companies connected to the Trump sons secured billions in government contracts, including through 1789 Capital.
• The controversy stemmed from an incorrect figure regarding 1789 Capital’s investment in Anduril Industries.
• ABC News deleted the initial report and later republished a revised version with an editor’s note acknowledging errors.
• 1789 Capital spokesperson Alexa Henning stated the original report was a ‘hit job’ and that the firm is not satisfied with the revisions.
• Sen. Bernie Moreno, R-Ohio, called for an FCC investigation into the erroneous report.
• The article mentions a previous defamation lawsuit settlement between Donald Trump and ABC News.