NEW YORK, April 30, 2023 (GLOBE NEWSWIRE) —
WHY: The Law Firm of Rosen, a global investor rights law firm, continues its investigation into potential securities claims on behalf of Fox Corporation shareholders FOX FOXA))) on allegations that FOX has disclosed potentially materially misleading business information to the investing public. The potential class includes those who have bought FOX call options and/or sold put options.
SO WHAT: If you have purchased FOX securities, you may be entitled to compensation without payment of expenses or costs through a contingency fee arrangement. Law firm Rosen is preparing a class action lawsuit to recover investor losses.
WHAT TO DO NEXT: To participate in the prospective class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=13327 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email email@example.com or firstname.lastname@example.org for information about the Class Action.
WHAT IS THIS ABOUT: In the wake of the 2020 US presidential election, Dominion Voting Systems sued FOX for defamation. Dominion’s lawsuit alleges that FOX defamed Dominion’s business by endorsing, repeating or broadcasting a series of “provenly false but devastating lies about Dominion.” Dominion alleges that various statements made on FOX News, including that Dominion committed voter fraud by rigging the 2020 election, that Dominion’s software and algorithms rigged vote counting in the 2020 election, that Dominion for the purpose election fraud, etc. Dominion paid bribes to government officials using its machines were defamatory and false. Dominion and Fox eventually agreed to settle the case for $787 million.
Beginning in February 2023, specific details emerged from internal discussions at FOX surrounding the 2020 election, revealing that senior FOX executives understood that claims that Dominion and other companies had rigged the 2020 election were false. As a result, FOX faces…