By The Associated Press

(AP) - THE LAWSUIT: Beef Products Inc. filed a defamation lawsuit against ABC News for its coverage of a meat product that critics have dubbed "pink slime," alleging that the network misled consumers into believing that the product is unhealthy and unsafe.

THE DETAILS: The meat processor is seeking $1.2 billion in damages for roughly 200 "false and misleading and defamatory" statements about the product officially known as lean, finely textured beef.

THE RESPONSE: ABC News, owned by The Walt Disney Co., said that the lawsuit is without merit and that it will contest it vigorously.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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