A Fox Corp. shareholder sues Rupert Murdoch, Lachlan Murdoch and several members of the Fox Corp. board of directors, arguing that they violated their fiduciary duty to the company when they allowed Fox News to broadcast election conspiracy theories.
Link copiedA Fox Corp. shareholder sued Rupert Murdoch, Lachlan Murdoch and several members of the Fox Corp. board of directors in Delaware on Tuesday afternoon, arguing that they violated their fiduciary duty to the company when they allowed Fox News to broadcast election conspiracy theories.
“The Board’s decision to chase viewers by promoting the false stolen election claims has exposed the Company to public ridicule and negatively impacted the credibility of Fox News as a media organization that is supposed to accurately report newsworthy events. The Company is now the subject of two defamation cases, with combined damages claimed to exceed $4 billion,” the lawsuit alleges.
Lawyers for Dominion Voting Systems have argued in their court filings that Fox executives elevated election conspiracy theories because they feared they were losing their audience after Donald Trump’s 2020 presidential election loss.
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