Murdoch family

• Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
• In November and December of 2020, Fox News broadcasted reports stating that the U.S. election was rigged.
• Fox News specifically called out Smartmatic and Dominion Voting Systems, voting technology and software companies, for their alleged involvement in rigging the election.
• Both companies have sued Fox for defamation and other claims based on defendants' actions.

• The packed court room was waiting for the lawyers’ opening statements in the defamation case launched more than two years earlier by Dominion Voting Systems against Fox News.
• Then, without warning, the judge announced the two parties had agreed to settle.
• And what promised to be six weeks of the biggest media circus of recent times was abruptly cancelled.
• Moreover, at the end of such a case Fox would definitely appeal, pushing any finality well into the future.

The case against Fox

• Fox said Dominion was valued at about $226 million in run-up to 2020 election.
• In contrast, Fox News knew it was almost certain to lose.
• He also said Fox as broadcaster was responsible for what its interviewees said, as well as what its own employees said.
• Dominion had already driven a discovery process, which put on the public record many telling internal communications of Fox employees.
• The resolution requires a great deal of something that Fox News has in wheelbarrows (money) and very little of something it has in teaspoons (editorial integrity).

What does it all mean for Fox and Murdoch?

• Dominion lawyer Stephen Shackleford said: “Money is accountability, and we got that today from Fox, but we’re not done yet.
• Both are much smaller than Fox, and one suspects a financial settlement such as the one Dominion and Fox have just consummated could be financially ruinous, even fatal, for them both.
• Dominion is also suing the two most frequent interviewees on Fox, both at one stage Trump employees – Rudy Giuliani and Sidney Powell.
• The last individual being sued by Dominion is Mike Lindell, the owner of My Pillow, and Fox News’s biggest sponsor.
• Presumably, however, the starting point for their settlement will be the amount Fox gave Dominion.
• Fox Corp chief executive Lachlan Murdoch told a business group Fox had around US$4 billion (A$5.98 billion) in cash.
• Fox News is in big trouble if they do not expose the truth on cheating in the 2020 election.

• Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
• In November and December of 2020, Fox News broadcasted reports stating that the U.S. election was rigged.
• Fox News specifically called out Smartmatic and Dominion Voting Systems, voting technology and software companies, for their alleged involvement in rigging the election.
• The CFPB stated Credit Acceptance violated New York usury laws on interest-rate limits and other consumers and investor-protection laws.

• Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
• In November and December of 2020, Fox News broadcasted reports stating that the U.S. election was rigged.
• Fox News specifically called out Smartmatic and Dominion Voting Systems, voting technology and software companies, for their alleged involvement in rigging the election.
• On this news, shares of Charles River fell by as much as 15% in intraday trading on the same day.