Well, Rolling Stone settled over the UVA rape story. Then again, that settlement is rather small in the grand scheme of things. Given the nature of the case, maybe it was cheaper than going to trial.

https://www.nytimes.com/2017/06/13/business/media/rape-uva-r...

Edit: I forgot about this case, where they lost at trial. https://www.nytimes.com/2016/11/08/business/media/in-rolling...

As I recall, Rolling Stone got done on a (somewhat dubious) technicality - the jury decided that them adding the disclaimer counted as republishing the article after they knew it was false. If it wasn't for that they'd most likely have got away with it despite all the astoundingly bad reporting.

> They're free to sue the paper, but it'd be futile because the standard for such lawsuits to succeed in the US

Not sure about whether Bloomberg was knowingly publishing false stories. But lawsuits causing media to bankrupt have precedence before - Gwarker Media, that was.