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Search resuls for: "Jody Godoy Helen Coster"


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☆ Exclusive: Fox investors seek records in possible step toward suing directors
  + stars: | 2023-04-17 | by ( Jody Godoy Helen Coster | Jody Godoy | Helen Coster | ) www.reuters.com   time to read: +4 min
Investors are using provisions in Delaware corporate law to demand internal Fox records to investigate how Fox's leaders acted as its Fox News network aired segments on Trump's false claims that he lost the 2020 presidential election due to voter fraud, two sources confirmed. In moves not previously reported, shareholders are looking for records such as board minutes, emails and texts that may contain evidence that Fox directors and executives were derelict by allowing the network to air the false claims. It was not clear how many Fox shareholders are pursuing information demands. Fox has argued that Dominion's case falls short of proving actual malice and its damages request is "untethered from reality." If Fox prevails in the Dominion case, the shareholders' cases would not be as strong, said Ann Lipton, a professor at Tulane University Law School.
☆ Fox shareholder sues Rupert Murdoch, other directors over 2020 election coverage
  + stars: | 2023-04-12 | by ( Jody Godoy Helen Coster | Jody Godoy | Helen Coster | ) www.reuters.com   time to read: +3 min
[1/2] Donald Trump (R) speaks to media mogul Rupert Murdoch as they walk out of Trump International Golf Links in Aberdeen, Scotland, June 25, 2016. REUTERS/Carlo AllegriApril 11 (Reuters) - A Fox Corp (FOXA.O) shareholder sued Chairman Rupert Murdoch and four other board members on Tuesday, saying they failed to stop Fox News from reporting falsehoods about the 2020 U.S. presidential election that damaged its credibility and prompted lawsuits. The lawsuit seeks damages for the company from Rupert Murdoch, his son and Fox Chief Executive Lachlan Murdoch, and fellow directors Chase Carey, Roland Hernandez and Jacques Nasser. Fox has argued that election-rigging claims by Trump and his lawyers were inherently newsworthy and protected by legal doctrines concerning press freedom. The shareholder lawsuit cited filings in the Dominion lawsuit, which said Murdoch had acknowledged under questioning from Dominion lawyers that some Fox hosts had "endorsed" the idea that the election was stolen.
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