Shareholders Sue News Corp. Over UK Hacking Scandal
By
Kevin Fayle
on July 12, 2011
| Last updated on March 21, 2019
A group of shareholders has filed a lawsuit accusing Rupert Murdoch's
News Corp. of gross corporate governance failures related to the UK
phone hacking scandal. The lawsuit comes as an amended complaint to an
existing lawsuit that charged the company with nepotism related to the
acquisition of a company owned by Rupert Murdoch's daughters. The
complaint asserts that this acquisition and the hacking scandal
demonstrate a "culture run amuck within News Corp and a board that
provides no effective review or oversight."
Shareholders Sue News Corp. Over UK Hacking Scandal
You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help
Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.
