Shareholders sue News Corp over hacking scandal
News Corp shareholders have amended a lawsuit accusing the
Rupert Murdoch-led firm of nepotism to include accusations of poor
corporate governance at the company leading to the News of the
World (NoW) phone hacking scandal.
The lawsuit heralds the entrance of a new pariah in the
professional services sector, the media corporation, and will
quicken Directors' and Officers' (D&O)
underwriter's pulse.
Although the extent of D&O cover purchased by News Corp in
unknown, underwriters - which insure the legal liabilities...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
