ABC News Suspends Reporter Brian Ross For 'Serious Error' In Flynn Story

Following an onslaught of criticism, ABC News has suspended chief investigative correspondent Brian Ross for four weeks without pay after his erroneous on-air report about Michael Flynn.

The inaccurate report was widely picked up by other media outlets and triggered a brief 350-point drop in the Dow Jones industrial average.

“We deeply regret and apologize for the serious error we made yesterday,” ABC News said in a statement Saturday. “The reporting conveyed by Brian Ross during the special report had not been fully vetted through our editorial standards process.”

“It is vital we get the story right and retain the trust we have built with our audience,” the network added.