Sunday, January 24, 2021

NEWS CORP SHAREHOLDERS LAUNCH ANOTHER LEGAL BATTLE

June 21, 2012 by · Leave a Comment 

A trio of major News Corp shareholders has amended its legal action against the company’s board of directors, claiming that the board has repeatedly behaved in a manner to ensure that it is in lockstep with the company’s chairman and CEO, Rupert Murdoch. According to a court filing by lawyers for Amalgamated Bank, the Central […]

NOW MURDOCH FACES U.S. BOMBARDMENT

September 14, 2011 by · Leave a Comment 

As if Rupert Murdoch did not already have enough turmoil to deal with as his British news unit faces increased scrutiny from police and politicians following the recent phone-hacking scandal, now a significant revolt is developing among some of his chief U.S. shareholders. On Tuesday the shareholders, who include Amalgamated Bank, New Orleans Employees’ Retirement […]