“A company can be defamed, though only small corporations can sue for defamation. Small corporations are those which employ fewer than 10 people and which are not related to any other corporation. For the purpose of counting the number of employees, part-time employees are to be counted as an appropriate fraction of a full-time employee. Companies, like people, have reputations that can be damaged. However, although companies can claim damages for loss of reputation, they can get nothing for injury to feelings. It is said they have no feelings.Persons or bodies who suffer damage from publications who cannot sue for defamation may be able to sue for injurious falsehood (Other Remedies). To succeed in an action for injurious falsehood it must be shown that there has been a monetary loss suffered and that the statement is false and made in an attempt to cause loss and without any lawful justification.”
