"Presumably Newsweek didn't outright fabricate any of his quotes"

You're not familiar with journalists are you. If they can't get anything quotable out of you, even something they can mis-quote, they will just outright make it up.

This book is full of examples of shocking things bloggers/journalists do: http://www.amazon.com/Trust-Me-Lying-Confessions-Manipulator...

It's hard to believe unless you see it with your own eyes. I have. They literally make stuff up.

Libel laws in this country practically means he has no legal recourse. He would need to prove that Newsweek made the whole thing up, not merely that they misunderstood him.

What about posting pictures of his house? That seems like a huge invasion of privacy to me and it was completely gratuitous IMO.

For better or for worse[1], we have a very strong protections on speech in the US. Although the specifics need to be addressed by his lawyer, in general Dorian needs to prove Newsweek did wrong, and that's a tough hurdle.

[1] I think "for better" but this is showing one of the sadder side effects.

And it's examples like this that show why I think the USA's "right to free speech at the expensive of right to privacy" is bad IMO

People don't sue for libel in the US. They do it in England, where you can secure a libel judgment over practically anything.