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Butowsky Seeks Dismissal in Democrat Death Story Suit

September 21, 2017

A financial advisor wants the courts to dismiss a lawsuit alleging his involvement in a Fox News story about the murder of Democratic National Committee staffer Seth Rich, CNN reports.

Last month Fox News contributor Rod Wheeler filed a lawsuit alleging financial advisor Ed Butowsky was involved in a concocted story Fox News ran in May which fabricated quotes attributed to Wheeler, according to CNN. The story has since been retracted by Fox News.

Wheeler, whom Butowsky apparently hired to investigate Rich’s death, alleges in his suit that the goal of the article was to discredit the previously reported connection U.S. intelligence agencies have drawn between Russian hackers and the WikiLeaks release of DNC emails during the 2016 U.S. presidential campaign. Those leaks were thought by many Hillary Clinton supporters to have hurt her chances at becoming president.

Butowsky says in his motion that Wheeler’s suit is "overloaded with sensationalistic allegations" and "alarmingly vague as to what precisely is allegedly false or defamatory about the statements at issue,” according to the suit filed in the U.S. District Court in the Southern District of New York and cited by CNN.

Butowsky is the managing partner at wealth management firm Chapwood Investments, which he founded in 2005, according to his website. He also dubs himself a “Fox News Financial Advisor” and has appeared on the news channel about a dozen times this year already, according to the website.

Ed Butowsky

Wheeler, meanwhile, also sued the Fox News Channel, 21st Century Fox and Fox News reporter Malia Zimmerman, alleging the story was created with the help of President Donald Trump’s White House, according to CNN.

Fox News has also asked the same court to dismiss Wheeler’s case, countering that Wheeler gave them “tacit approval” after seeing drafts of the story with the allegedly fabricated quotes, CNN reports. Wheeler’s lawyer tells CNN there’s no proof that Wheeler approved the quotes.

Last month Butowsky told FA-IQ that he was taking measures to quiet the concerns that some of his wealth management clients had over the suit.

By Alex Padalka
  • To read the CNN article cited in this story, click here.