For those who understand the points of the lawsuit filed by ex-Foxnews reporters

[onenote]

6. As far as I know, there was no such lawsuit.

I suspect that what you're thinking about is the 2014 lawsuit brought by two former reporters (a married couple) for WTVT-TV in Tampa FL. That lawsuit has, incorrectly, been described on line as a suit against Fox News in which it was argued that Fox has the right to lie.

In fact, the suit had nothing to do with Fox News. It was brought against a Fox-owned over-the-air broadcast television station. It was a breach of contract suit by the two reporters who had worked for months on a story about a synthetic growth hormone developed by Monsanto. The story was never aired and the two were fired by the station in 1997. In 2000, the plaintiffs, alleging that they were fired because they threatened to go to the FCC with a complaint that the station engaged in "news distortion,' won a judgment against the station in a lower state court. In 2003, a state appeals court reversed the judgment.

There was nothing in the case that had anything to do with Fox News, and it was decided fourteen years before Fox News dropped the "fair and balanced" motto.

If you're thinking of some other lawsuit, I'll need more information. The only one I can think of that remotely fits the description in the OP is the one I described.

https://www.politifact.com/factchecks/2014/sep/10/facebook-posts/facebook-post-claims-fox-admits-they-lie-have-righ/