• FuglyDuck@lemmy.world
    link
    fedilink
    English
    arrow-up
    104
    ·
    11 months ago

    Shareholders accusing the board of failing their obligations to protect the company from liabilities- specifically… by allowing conspiracy theories they knew were false to be aired frequently.

    Interesting take. This might actually have some bite to it

    • 0110010001100010@lemmy.world
      link
      fedilink
      arrow-up
      36
      arrow-down
      1
      ·
      11 months ago

      I’ll remain skeptical for now that Fox faces any real consequences. I feel like this could just as easily go the route of “Fox didn’t intend to loose money” and “companies make stupid decisions all the time” depending on how it gets argued. Probably end up just being a settlement either way, likely before discovery even starts.