advertisement
advertisement

News Corp Shareholders Plan To Sue Board Over Phone Hacking

Still the phone hacking scandal reverberates on for Rupert Murdoch’s empire as a Delaware court prepares to hear the charges of lack of board oversight.

News Corp Shareholders Plan To Sue Board Over Phone Hacking

A group of News Corp shareholders are attempting to sue members of its board over their inability to stop the culture of phone hacking within the firm. Although the firm is attempting to have the case dismissed, the group yesterday petitioned a Delaware court judge to be given the green light to proceed. The case was originally over what was seen as a nepotistic acquisition of Rupert Murdoch’s daughter’s production company, but has since been amended following the hacking scandal.

advertisement

Meanwhile, British media regulator Ofcom has today cleared Sky of being unfit to hold a broadcasting license. The conduct of former BSkyB chairman James Murdoch was, however, criticized. “On the basis of the evidence available to date, James Murdoch’s conduct in relation to events at NGN [the newspaper group] repeatedly fell short of the conduct… expected.” While cleared of wrongdoing, the regulator called his competence into question.

About the author

My writing career has taken me all round the houses over the past decade and a half--from grumpy teens and hungover rock bands in the U.K., where I was born, via celebrity interviews, health, tech and fashion in Madrid and Paris, before returning to London, where I now live. For the past five years I've been writing about technology and innovation for U.S.

More

Video