The Fox shareholder’s suit is based on revelations that have emerged from filings in the Dominion case.
Fox Corp chairman Rupert Murdoch, his son Lachlan and other members of the company’s board were sued by an individual shareholder on Tuesday who claimed they failed to act against Fox News’ airing of conspiracy theories and misinformation about the 2020 presidential election, as the cable network prepares to face off in a defamation trial centered on its coverage this week.
Schwarz's suit is based on multiple revelations that have emerged from filings linked to Dominion's $1.6 billion defamation lawsuit against the cable news network and its parent Fox Corp.What To Watch Forthat several firms are weighing so-called derivative suits—against Fox Corp’s board on behalf of investors. Schwarz’s suit appears to be the first of such suits filed against the board.
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