NYC, Oregon Pension Funds Sue Fox Corp Over 2020 Election Coverage Risks
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A group of New York City and Oregon pension funds sued Fox Corp for disregarding defamation risks in its 2020 election coverage.
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The lawsuit claims Fox News promoted false narratives without fact-checking, unlike other media companies' practices.
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It references Fox News' $787.5 million settlement with Dominion Voting Systems over defamation claims.
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The lawsuit alleges Fox News adopted an "illegal business model" that profits from defamation.
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It claims the Fox board failed to oversee and mitigate defamation risks in the company's editorial policies.