An individual shareholder of Fox Corporation is suing Chairman Rupert Murdoch and his son, Lachlan Murdoch, as well as other members of the company’s board alleging they breached their fiduciary duty to the company.
In a lawsuit filed in Delaware Chancery Court on 11 April, investor Robert Schwarz brought forth a derivative suit claiming that board members chose to promote “false stolen election claims” which negatively impacted the company’s reputation and led to two defamation cases.
