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CP24 anchor Patricia Jaggernauth launches human rights complaint against Bell Media

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TORONTO — Longtime on-air television personality and CP24 weather specialist Patricia Jaggernauth has filed a complaint with the Canadian Human Rights Commission against Bell Media, alleging systemic discrimination throughout her 11-year career.

Jaggernauth’s complaint, launched on Wednesday and first reported by CBC, makes allegations of discrimination based on race, gender and disability by Bell, her former employer. The Toronto-based media company owns cable news network CP24. In the complaint, Jaggernauth alleges Bell continually passed her over for promotions and attempted to restrict her ability to freelance outside the company despite never offering her a full-time job.

“She has been used as a token and commodity when it is convenient and beneficial,” the Toronto-based reporter’s complaint reads. Jaggernauth identifies as being of Guyanese and Jamaican ancestry on social media.

“And Bell now wants to own her likeness and her career, despite putting her in a position where she cannot earn a living wage despite giving 11 years of her career to the company.”

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In a statement emailed Saturday, Bell Media said it cannot comment on matters involving current or former staff.

“Bell Media takes allegations of any potential discrimination very seriously, and are committed to a safe, inclusive, and respectful work environment where employees can thrive,” the statement said. “If a matter is brought to our attention where an employee did not feel adequately supported, a process is triggered to review and address when required.”

In the complaint, Jaggernauth alleges Bell Media only offers her two days of paid employment per week, and she therefore earned most of her income doing freelance work. Her complaint alleges the company enforced a term this past summer that she could not perform any paid activities outside of the company without management’s approval.

“Bell has done this while at the same time denying (Jaggernauth) promotions she has earned and is qualified for, and while refusing to provide her with full-time work,” the complaint reads. The complaint details a number of positions she was allegedly denied “for no justifiable basis.”

The human rights complaint further alleges an “unsafe and unhealthy work environment” at Bell Media caused her “a myriad of health issues,” including severe stress, anxiety and depression. “Years of long days, short turnarounds, lengthy work stretches and being told to work for weeks upon weeks, non-stop with no breaks,” contributed to Jaggernauth being hospitalized in 2019, the claim alleges.

It says she later experienced a “traumatic” on-air breakdown during Bell Let’s Talk Day. A segment from this year’s Bell Let’s Talk Day posted to CP24’s YouTube channel shows five hosts, including Jaggernauth, discussing their mental health.

Jaggernauth begins crying when she opens up about her struggles.

“In this industry, what I’ve found is you get to be in the bright lights, you know, here you have this amazing career, and people think you’re a multimillionaire, you’re so lucky. But want to put my shoes on guys?” the clip shows her saying through tears.

Jaggernauth’s complaint claims she approached her manager weeks later for help, and was offered a company-recommended therapist, who she said she wasn’t comfortable speaking to.

The document also alleges men and women are paid differently at the company, and that Black women are not well represented on-air at CP24. “At Bell, people of colour are cynically used as tokens,” the document reads.

The Canadian Human Rights Commission application states Jaggernauth repeatedly brought up her concerns with Bell management — specifically to Bell’s president and vice-president of news Michael Melling — but that she was not taken seriously. Melling took leave from his job in August, amid the fallout from the ousting of Lisa LaFlamme as anchor of CTV National News, the company’s flagship newscast.

Jaggernauth’s lawyer Kathryn Marshall said in a statement that her client is “relieved to finally be telling her story.”

Jaggernauth did not immediately respond to a request for an interview.

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Trump Media warns Nasdaq of suspected market manipulation – CNN

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New York
CNN
 — 

Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.

In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.

Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.

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The letter was made public Friday in a filing with the Securities and Exchange Commission.

Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”

“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.

Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.

The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.

Shares of company have been on a wild ride since.

Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.

Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.

Shares of the company ended Friday’s session about 9.6% higher.

This story has been updated with additional developments and context.

CNN’s Nicole Goodkind contributed to this report.

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Bitcoin halving, Trump Media stock falling, and banks rising: Markets news roundup – Quartz

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Donald Trump

Photo: Marco Bello (Reuters)

Trump Media & Technology Group said it will issue millions more shares, sending its stock plunging again.

The company behind former President Donald Trump’s Truth Social platform said in a Securities and Exchange Commission filing that it is registering the resale of up to almost 21.5 million new shares of common stock issuable upon the exercise of warrants, up to about 146 million shares of common stock, and up to about 4 million warrants to purchase common stock. Certain shares held by insiders may still be restricted from trading until the expiration of a lock-up agreement 5-6 months after the date of the IPO.

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Trump Media warns Nasdaq of suspected market manipulation – CNN

Published

 on



New York
CNN
 — 

Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.

In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.

Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.

300x250x1

The letter was made public Friday in a filing with the Securities and Exchange Commission.

Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”

“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.

Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.

The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.

Shares of company have been on a wild ride since.

Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.

Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.

Shares of the company ended Friday’s session about 9.6% higher.

This story has been updated with additional developments and context.

CNN’s Nicole Goodkind contributed to this report.

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