21st Century Fox Pens $90M Investor Deal Over Scandals
Law360, Los Angeles (November 20, 2017, 11:42 PM EST) -- Twenty-First Century Fox Inc. has reached a $90 million deal to settle derivative claims stemming from a series of workplace harassment incidents at Fox News, according to an agreement filed Monday in Delaware state court that also requires the media outlet to create a new advisory council on improving workplace culture.
The settlement requires $90 million to be paid back to the company by the third-party insurers of Fox News Chairman Rupert Murdoch, the estate of former CEO Roger Ailes and members of the Twenty-First Century Fox board. (AP) The settlement requires $90 million to be paid back to the company...
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