If any act of defamation, whether slander or libel, has caused severe emotional distress and/or amounted to any financial loss, it is worth suing for defamation. Consider, for instance, a scenario in which a false, defamatory comment leads to an exemplary employee losing their job. This directly translates to loss of income and reasonable damage to their psyche and emotional well-being. Not only did they lose their only source of income unfairly, but the situation has taken a negative toll on their welfare. Their suffering should be compensated, which is made possible by suing for defamation.