Key takeaways:
- Fox Corp. is now the subject of two defamation cases, with combined damages totaling $2.7 billion.
- At a Tuesday hearing, it was revealed that attorneys defending Fox in the case had withheld information about the role company founder Rupert Murdoch played at Fox News.
- A Fox Corp. shareholder has filed a derivative action in Delaware, alleging that Rupert Murdoch, Lachlan Murdoch and several members of the Fox Corp. board of directors violated their fiduciary duty to the company.
Fox Corp. is now the subject of two defamation cases, with combined damages totaling $2.7 billion. The cases stem from false claims made by Fox News about the 2020 election.
At a Tuesday hearing, it was revealed that attorneys defending Fox in the case had withheld information about the role company founder Rupert Murdoch played at Fox News. This angered the judge.
Dominion Voting Systems is suing Fox for $1.6 billion, claiming the company damaged its reputation by airing false claims that the company helped orchestrate a fraud that cost former President Donald Trump re-election.
On Tuesday afternoon, a Fox Corp. shareholder filed a derivative action in Delaware, alleging that Rupert Murdoch, Lachlan Murdoch and several members of the Fox Corp. board of directors violated their fiduciary duty to the company when they allowed Fox News to broadcast election conspiracy theories.
The company’s attorneys have sought to keep members of the Murdoch family from testifying live before a jury. The plaintiff, Robert Schwarz, is seeking to hold the Murdochs and the board of directors accountable for their actions.
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