James O’Keefe Settles Meritless Lawsuit: “This is the Cost of Exposing the Truth”

NEW YORK – Today after three years fighting a meritless lawsuit against former ACORN employee Juan Carlos Vera, a nuisance settlement has been filed. James O’Keefe issued the following statement in regards to the settlement:

“There comes a time when the cost to defend yourself against meritless accusations becomes so burdensome financially and personally, it is simply too great. The settlement admits no liability and there is no benefit from extending this ridiculous lawsuit. “Sadly, this is the cost of exposing the truth. That’s why so few people do it. There are liability issues inherent in undercover journalism. But let me be clear, this lawsuit had nothing to do with editing or misrepresentation. It was an action under the California Invasion of Privacy Act. The anti-recording statute under which the suit was brought is unconstitutional, overbroad, and gives the police and other public officials too much power.

“As President of Project Veritas and undertaking 5 current investigations, my time and resources are better served in working toward our mission of exposing waste, fraud, and abuse then defending myself against lies. I will not be deterred from investigating and exposing corruption. Now more than ever, America is in need of a more ethical and transparent society.” 

Never-heard before details surrounding this case and much more will be revealed in a book by James O’Keefe to be released in June 2013.