Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties

Oregon’s attorney general announced Monday she is investigating Fox Corp.’s board of directors for “breach of fiduciary duty” after Fox News repeatedly broadcast election lies in the wake of the 2020 election. That resulted in a historic $787 million defamation settlement with Dominion Voting Systems.

“Treasurer Read and I believe that Fox’s board of directors breached its fiduciary duties by allowing Fox News to broadcast false claims that Dominion and Smartmatic rigged the 2020 presidential election,” said Attorney General Ellen Rosenblum in a statement. “We hope to hold the board accountable and protect the long-term value of Oregon’s investment in Fox Corp.”

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