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Cobb's libel victory overturned

Updated: January 30, 2002, 4:26 PM ET
Associated Press

CINCINNATI -- A federal appeals court threw out a jury decision that gave former boxer Randall "Tex" Cobb a $10.7 million libel award against Sports Illustrated and its owner, Time Inc.

Cobb argued that Sports Illustrated and Time libeled him by publishing a story in the magazine's Oct. 4, 1993, edition reporting he knowingly participated in a fixed match that opposing boxer Paul "Sonny" Barch had pre-arranged to lose.

The magazine's article also reported that Cobb used cocaine with Barch ...

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