Murdochs Blamed by NYC Pension Funds for Fox Defamation Scandals

Sept. 18, 2023, 4:15 PM UTC

New York City’s public pension funds have joined shareholder litigation blaming media mogul Rupert Murdoch for the potentially multibillion-dollar scandal at Fox News over the conservative network’s role in spreading false conspiracy theories about the 2020 election.

The lawsuit—joined by public pension funds for the state of Oregon—is one of four investor complaints in recent months to target the Australian news tycoon, his son Lachlan, former US House Speaker Paul Ryan, and other Fox Corp. board members.

It was made public Sept. 15, the same day as another suit brought by a different group of pension and investment funds, including ...

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