In Virginia, the statute of limitations for filing a defamation action, including slander, is one year. This means that a person who believes they have been slandered must file their lawsuit within one year from the date the defamatory statement was made.
Every action for injury resulting from libel, slander, insulting words, or defamation shall be brought within one year after the cause of action accrues.
Under the uniform defamation legislation which applies in every State and Territory, a corporation can't sue for defamation unless it is an “excluded corporation”. An excluded corporation includes a not for profit or a company which employs fewer than 10 people.
Still, a few have criminal libel laws as well. States that allow for criminal defamation of character punishment are Idaho, Louisiana, Michigan, Minnesota, New Mexico, North Carolina, Oklahoma, Utah, Virginia, Montana, Wisconsin, North Dakota, and New Hampshire.
Your reputation must suffer harm — The false and defamatory statement at issue must actually damage the reputation of the subject of the statement to support a lawsuit for defamation. The burden is on the plaintiff (the person bringing the lawsuit) to prove such damage — often a difficult task.
Slander can be hard to prove, as the complainant must show the slanderer was driven by malice and knew their claims were false. Slander is different from libel, which are false statements made through print or broadcast.
Defamation that causes long-term damage, particularly if it affects your career, social standing, or personal life, will result in higher damages than something short-term that might be forgotten within a year. The more severe and lasting the harm, the greater the compensation.