News Corp. Board Turned Blind Eye To Phone Hacking: Suit

Law360, Wilmington (June 19, 2012, 4:01 PM EDT) -- CEO Rupert Murdoch's iron grip on News Corp. left the company's board unwilling to confront the phone hacking scandal that has rocked the media giant for a year, shareholders said in an amended derivative complaint filed Monday.

The shareholders filed their suit in Delaware Chancery Court last year seeking to hold the News Corp. board — including Murdoch and his sons, James and Lachlan — responsible for damage to the company from the hacking scandal and corporate decisions that allegedly benefited Murdoch and his family at...
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