News Corp, Shareholders Spar In Court Over Phone-Hacking Case

Attorneys representing News Corp investors asked a judge today to force the media company’s board face a lawsuit for a damaging phone-hacking scandal that occurred on their watch, Reuters reported, while company attorneys asked for the suit to be dismissed. Delaware Chancery Court Judge John Noble declined to say at the end of the three-hour hearing when he might rule.┬áThe company contends that board members should not be subject to second-guessing by shareholders. The shareholders say that┬áCEO Rupert Murdoch and the board that includes two of his sons, should be held responsible for damage (more…)

This article was printed from