So Guess Who's Suing Fox News Now -- And Why

This is really interesting, because New York City’s pension funds and the state of Oregon are suing Fox Corporation, alleging in a lawsuit that the Fox News parent company failed shareholders by opening themselves up to costly defamation suits, allowing lies to be broadcast to keep their viewers happy. Via CNN:

The lawsuit, which was filed under seal in the Delaware Court of Chancery and named Fox Corporation board members and its executives as defendants, accused the media company of having chosen to “invite robust defamation claims, with potentially huge financial liability and potentially larger business repercussions, rather than disappoint viewers of Fox News,” according to an excerpt of the complaint provided by the state of Oregon.

The lawsuit represents the most serious shareholder legal action taken against Fox since it settled a historic defamation lawsuit brought by election technology company Dominion Voting Systems earlier this year for a record $787.5 million. Fox, which has maintained it is proud of its dishonest 2020 election coverage, still faces an even larger, $2.7 billion lawsuit from election technology company Smartmatic.

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