Regional News

Oregon PERS Files Suit Against FOX Corp.

(Salem, OR) -- Oregon and the New York City Pension Funds are filing a lawsuit against the board of directors at FOX Corporation, the parent of FOX News. The lawsuit alleges a breach of fiduciary duty. The Oregon Public Employee Retirement Fund owns over five-million dollars in FOX Corporation stock. The lawsuit alleges FOX Corporation took a massive risk in pursuing profits by reporting lies and false news. Some examples include that murdered Democratic National Committee staffer Seth Rich provided hacked emails to Wikileaks as well as false claims that U.S. Dominion and Smartmatic U.S.A. rigged the 2020 presidential election. The lawsuit was filed in Delaware.

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