Billionaire hedge fund manager Bill Ackman threatened to sue Business Insider after the outlet published two articles accusing his wife, Neru Oxman, of plagiarism in her 2010 doctoral thesis.
Ackman said Monday that Business Insider and its parent company, Axel Springer, “have tripled down on false claims and defamation” after the outlet made plagiarism allegations against Oxman, a prominent designer and former MIT professor.
“To be clear, by complaint I mean lawsuit,” Ackman added in X.
Just hours earlier, Ackman told Business Insider “is toast” in a post that included a scene with the quote “At My Signal, Unleash Hell” from the 2000 film “Gladiator.”
On Sunday, Business Insider’s top executive said he was satisfied with the fairness and accuracy of the stories about Oxman following Ackman’s complaints.
The plagiarism accusations came after Ackman campaigned against Harvard President Claudine Gay, who resigned earlier this month following criticism of her responses at a Congressional hearing on anti-Semitism and accusations that her academic writings They contained examples of poorly accredited work.
Bill Ackman said he will sue Business Insider after the outlet published articles accusing his wife Neru Oxman of plagiarism in her 2010 doctoral thesis. REUTERS Ackman wrote in X that “Business Insider is finished.”
The outlet had raised both the idea of hypocrisy and the possibility that academic dishonesty is widespread, even among the country’s most prominent academics.
Business Insider’s first article, on Jan. 4, noted that Ackman had seized on revelations about Gay’s work to support his efforts against her, but that the organization’s journalists “found a similar pattern of plagiarism” by Oxman.
A second article, published the next day, said Oxman had stolen sentences and paragraphs from Wikipedia, fellow academics, and technical documents in a 2010 doctoral thesis at MIT.
Business Insider journalists claimed that Oxman’s dissertation had stolen phrases and paragraphs from Wikipedia, other academics, and white papers. Barbara Peng, CEO of Madison Voelkel/BFA/Shutterstock Business Insider, said the stories are “accurate and the facts are well documented.” Internal business intelligence group
Ackman complained that it was a cheap shot to attack someone’s family in that way and said Business Insider reporters gave him less than two hours to respond to the allegations.
He suggested to an editor that he was an anti-Zionist. Oxman was born in Israel.
On Sunday, Business Insider CEO Barbara Peng issued a statement saying there was “no unfair bias or personal, political and/or religious motivation in pursuing the story.”
Ackman said his wife suffered “serious emotional harm” after the articles were published. AP
Peng said the stories were newsworthy and that Oxman, with a public profile as a prominent intellectual, was an easy subject.
The stories were “accurate and the facts well documented,” Peng said.
“Business Insider supports and empowers our journalists to share factual, newsworthy stories with our readers, and we do so with editorial independence,” Peng wrote.
Ackman said his wife admitted four quotation marks and a footnote were missing from a 330-page dissertation.
He said the articles could have “literally killed” his wife if it weren’t for the support of his family and friends.
“She has suffered severe emotional damage,” he wrote on X, “and as an introvert, she has found it very, very difficult to survive each day.”
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