Meanwhile back at FOX’s political entertainment and insurrection network, the saga continues, but now it’s a little like the snake trying to devour it’s tail.
Sept 20, 2023
MeidasTouch host Ben Meiselas reports on the massive billion dollar shareholder lawsuits filed against Fox and Rupert Murdoch that were just unsealed for intentionally spreading the false messages of Donald Trump. Could these lawsuits cripple the network? Meiselas breaks it all down.
More background:
By Jody Godoy and Helen Coster
In March, a trove of exhibits in the lawsuit became public, including emails and statements in which Rupert Murdoch and other top Fox executives said the claims made about Dominion on-air were false.
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. Murdoch said in the deposition he believed Biden won fairly.
The case is Schwarz v. Murdoch et al., No. 2023-0418, Delaware Chancery Court.
Fox Sued by New York City Pension Funds Over Election Falsehoods
The funds accuse the Fox Corporation board of neglecting its responsibility to shareholders by leaving the company open to defamation lawsuits.
By Katie Robertson
Sept. 12, 2023
New York City’s pension funds sued the Fox Corporation and its board on Tuesday, accusing the company of neglecting its duty to shareholders by opening itself up to defamation lawsuits from the persistent broadcasting of falsehoods about the 2020 presidential election.
The funds are long-term shareholders of Fox Corporation, the parent company of Fox News, a spokeswoman for the comptroller said. The funds held about 857,000 shares, valued at $28.10 million, as of July 31.
The lawsuit accuses Fox of trying to appease its viewers after the results of the 2020 U.S. presidential election by amplifying false claims from former President Donald J. Trump and his allies that voting had been rigged. It said board directors had known there was a risk of defamation litigation from the false narratives, but “consciously disregarded” it and did not undertake good-faith efforts to minimize that risk. …
“Defendants chose to invite robust defamation claims, with potentially huge financial liability and potentially larger business repercussions, rather than disappoint viewers of Fox News,” said the complaint, which was filed against Fox Corporation’s board members and other executives. The board includes the media mogul Rupert Murdoch and his son Lachlan Murdoch, who control the company. …
BY WINSTON CHO - SEPTEMBER 13, 2023
Fox Corp.’s board of directors has been sued in a lawsuit accusing the company’s directors of adopting an illegal business model centered on chasing profits by intentionally broadcasting falsehoods about the 2020 presidential election.
On Tuesday in the Delaware Court of Chancery, New York City’s pension funds filed a lawsuit arguing that Fox’s board members and other executives “consciously disregarded” the risk of exposing itself to defamation claims “with potentially huge financial liability and potentially larger business repercussions.”
Seems to me this company has been dedicated to undermining America for long enough, slamming them hard enough so they stay down, would only be poetic justice.