New York pension funds and Oregon are long-term shareholders of Fox and accuse network of inviting defamation claims
New York City pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits.
The lawsuit, filed in Delaware, accuses Fox of inviting defamation claims by amplifying conspiracy theories about the election, including a suit Fox News agreed to settle for nearly $800m with Dominion Voting Systems, a maker of voting machines.
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