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WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Read unlimited articles for free today: Already have an account? WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Five New York City public employee pension funds, along with Oregon’s public employee retirement fund, allege that former chairman Rupert Murdoch and other Fox Corp. leaders deliberately turned a blind eye to liability risks posed by reporting false claims of vote rigging by election technology companies Dominion Voting Systems and Smartmatic USA. Smartmatic is suing Fox News for defamation in New York, alleging damages of $2.7 billion. It recently settled a lawsuit in the District of Columbia against One America News Network, another conservative outlet, over reports of vote fraud. Dominion also filed several defamation lawsuits against those who spread conspiracy theories blaming its election equipment for Donald Trump’s loss in 2020. Last year, Fox News settled a defamation lawsuit filed by Dominion in Delaware for $787 million. The shareholder plaintiffs also allege that Fox corporate leaders ignored “red flags” about liability arising from a 2017 report suggesting that Seth Rich, a Democratic National Committee staffer, may have been killed because he had leaked Democratic party emails to Wikileaks during the 2016 presidential campaign. Rich, 27, was shot in 2016 in Washington, D.C., in what authorities have said was an attempted robbery. Fox News retracted the Seth Rich story a week after its initial broadcast, but Rich’s parents sued the network for falsely portraying their son as a criminal and traitor. Fox News settled the lawsuit in 2020 for “millions of dollars,” shortly before program hosts Lou Dobbs and Sean Hannity were to be deposed, according to the shareholder lawsuit. Joel Friedlander, an attorney for the institutional shareholders, argued that Fox officials waited until the company’s reporting about Rich became a national scandal before addressing the issue. Similarly, according to the shareholders, corporate officials, including Rupert Murdoch and his son, CEO Lachlan Murdoch, allowed Fox News to continue broadcasting false narratives about the 2020 election, despite internal communications suggesting that they knew there was no evidence to support the conspiracy theories. “The Murdochs could have minimized future monetary exposure, but they chose not to,” Friedlander said. Instead, he argued, they engaged in “bad-faith decision making” with other defendants in a profit-driven effort to retain viewers and remain in Trump’s good graces. “Decisions were made at the highest level to promote pro-Trump conspiracy theories without editorial control,” Friedlander said. Defense attorneys argue that the case should be dismissed because the plaintiffs filed their lawsuit without first demanding that the Fox Corp. board take action, as required under Delaware law. They say the plaintiffs also failed to demonstrate that a pre-suit demand on the Fox board would have been futile because at least half of the directors face a substantial likelihood of liability or are not independent of someone who does. Beyond the “demand futility” issue, defense attorneys also argue that allegations that Fox officials breached their fiduciary duties fail to meet the pleading standards under Delaware and therefore should be dismissed. Defense attorney William Savitt argued, for example, that neither the Rich settlement, which he described as “immaterial,” nor the allegedly defamatory statements about Dominion and Smartmatic constitute red flags putting directors on notice about the risk of defamation liability. Nor do they demonstrate that directors acted in bad faith or that Fox “utterly failed” to implement and monitor a system to report and mitigate legal risks, including defamation liability risk, according to the defendants. Savitt noted that the Rich article was promptly retracted, and that the settlement included no admission of liability. The Dominion and Smartmatic statements, meanwhile, gave rise themselves to the currently liability issues and therefore can not serve as red flags about future liability risks, according to the defendants. “A ‘red flag’ must be what the term commonly implies — warning of a risk of a liability-causing event that allows the directors to take action to avert the event, not notice that a liability-causing event has already occurred,” defense attorneys wrote in their motion to dismiss. Defense attorneys also say there are no factual allegations to support claims that Fox officials condoned illegal conduct in pursuit of corporate profits, or that they deliberately ignored their oversight responsibilities. They note that a “bad outcome” is not sufficient to demonstrate “bad faith.” Vice Chancellor J. Travis Laster is expected to rule within 90 days. Advertisement Advertisement
CHICAGO (AP) — Mark Scheifele snapped a third-period tie and Kyle Connor had two assists, helping the Winnipeg Jets beat Chicago 4-2 on Saturday in the first game for interim Blackhawks coach Anders Sorensen. Mason Appleton had a goal and an assist as the Jets picked up their second straight win after a four-game losing streak. Nino Niederreiter and Gabriel Vilardi also scored, and Connor Hellebuyck made 12 saves. Sorensen was promoted from the team's top minor league affiliate when Luke Richardson was fired on Thursday. Alex Vlasic scored for the second straight game for Chicago, which has dropped five in a row. Alec Martinez added his first goal of the season. The Blackhawks had a 2-1 lead before Niederreiter converted a backhander 13:10 into the second, beating Arvid Soderblom. It was Niederreiter's 10th of the season. Soderblom entered 11 minutes into the game when Petr Mrazek appeared to aggravate a right groin pull. Appleton had an empty-net goal with 1:41 to play. Jets: Winnipeg outplayed Chicago in the final 30 minutes, not only in shots but in puck possession. Blackhawks: Chicago played with more pace but it still struggled to get the puck to the net. They had only 14 shots on goal. Scheifele beat Jason Dickinson on the face-off that led to Winnipeg’s go-ahead goal. He slid the puck to Connor, then raced to the net for the rebound at 10:18. Blackhawks coaches, interim or full-time, are 6-7-1 in their first game behind the bench since the beginning of the 1995-96 season. Richardson lost his debut at the beginning of the 2022-23 season. The Jets begin a four-game homestand against Columbus on Sunday. The Blackhawks are in New York on Monday night to play the Rangers. AP NHL: https://apnews.com/hub/nhlGalaxy strike early, hold off Red Bulls for 6th MLS Cup championship
Business leaders across the country are struggling to find the best way to manage rising polarization and political disagreement at work . On Tuesday, December 10, Newsweek is hosting a panel event to discuss this thorny topic from all angles. Opening remarks will be delivered by Jim Link, CHRO of the Society for Human Resource Management (SHRM), the world's largest HR professional association, which will also sponsor the event. The discussion, titled "Better Workplaces: How to Foster Inclusion and Civility," will include insights from legal, medical and social psychology experts, and feature advice for professionals in HR, DEI and communications. The national mood has been tense, and people are unhappy. But we still have work to get done, together, every single day. What's complicating matters is that we increasingly have less respect for those on the other side of the aisle politically. A 2022 Pew Survey found that 72 percent of Republicans and 63 percent of Democrats feel that members of the other party are more immoral, and the number of people saying that members of the other party are dishonest, unintelligent or lazy has spiked since 2016. This strain of conflict is common on the internet and in bars, but it's also making its way to watercoolers, factory floors and even the boardroom. A contentious election cycle surely didn't help, but this is a persistent problem, one that impacts us well past Election Day . Maintaining a year-round focus on respectful culture and setting ground rules for political expression and exchange are key, experts tell Newsweek . Tuesday evening's event will also include a video presentation featuring commentary from the winners of the Newsweek -Stubblefield Civility Awards. In partnership with the Stubblefield Institute, we will be recognizing business executives, members of Congress and other community leaders for their exceptional efforts to promote civility in our public discourse. Panelists include: Stephen Paskoff: Paskoff is a former EEOC attorney and the founder and CEO of ELI, or Employment Learning Innovations, a company he has been running since 1986 that trains business leaders and employees so that their cultural values and behavioral standards ensure a productive and legally compliant work environment. He has written extensively on workplace compliance, including the 2016 book CIVILITY Rules! A New Business Approach to Boosting Results and Cutting Risks . Gabriella Rosen Kellerman, MD: The chief innovation officer at BetterUp, a well-being platform with a focus on manager training and coaching, Kellerman leads an interdisciplinary research lab that has been studying employee sentiment around the election and other times throughout the year. She has worked on global mental health policy and interventions for the World Health Organization and is a longtime executive at, and adviser to, health care, coaching and behavior change technology companies. Michael Franklin: Executive director of Speechwriters of Color and leader of an executive communications firm, Franklin is a dynamic member of Gen Z and his field. He worked with AxiosHQ to produce an Election Readiness Guide for business leaders, and his perspectives can also be found in The New York Times , Washington Post , Financial Times , CNN , Matter of Fact with Soledad O'Brien , Axios and the Los Angeles Times . Kurt Gray, Ph.D.: Author of the upcoming book Outraged: Why We Fight About Morality and Politics and How to Find Common Ground , Gray is a professor in psychology and neuroscience and an award-winning researcher at the University of North Carolina at Chapel Hill. He utilizes interdisciplinary methods to research deeply held beliefs and moral divides. We hope you can join us for this timely and insightful conversation.Stock market today: Wall Street hits more records following a just-right jobs reportUConn F Alex Karaban (head) won't play vs. Baylor
Align Technology Inc. stock rises Monday, outperforms marketNEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Winnebago Industries, Inc. (NYSE: WGO) resulting from allegations that Winnebago may have issued materially misleading business information to the investing public. If you invested in Winnebago securities, you are encouraged to obtain additional information by visiting https://rosenlegal.com/case/winnebago-industries-inc/ . Why Did Winnebago Industries’ Stock Drop? On September 23, 2024, during market hours, Hunterbrook Media published an article called “‘Grand Deception’- Winnebago Muzzles Outcry Over Major Problem That Owners Say Makes RVs Dangerous, Untowable, Worthless.” In this article, Hunterbrook said Winnebago’s “best-selling Grand Design RVs” appear to be “experiencing frame failure, potentially affecting thousands of units sold for more than a billion dollars. This defect has led to costly damage and potential safety hazards, and rendered some RVs unroadworthy.” Further, the article stated “Winnebago has used NDAs, buybacks, and online censorship to silence complaints about frame failure[.]” On this news, Winnebago’s stock fell $1.35 per share, or 2.28%, to close at $57.76 per share on September 23, 2024. Click here for more information: https://rosenlegal.com/case/winnebago-industries-inc/ . What Can You Do? If you invested in Winnebago Industries, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://rosenlegal.com/submit-form/?case_id=29071 . Why Rosen Law Firm? We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. For more information about Rosen Law and its attorneys, please visit https://rosenlegal.com/ . Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
Mass. Gov. Maura Healey doesn’t think her summertime political flex on the Legislature was ‘pressure’
MANCHESTER, England (AP) — Manchester City manager Pep Guardiola denied he has a “personal problem” with Kevin De Bruyne and insisted Tuesday the playmaker's absence from the team in recent weeks was down to his fitness issues. City has not won in seven games in all competitions — its worst run under Guardiola — and De Bruyne has featured only as a substitute in the last five of those matches after recovering from a pelvic injury. The Belgium midfielder was injured during City’s Champions League match with Inter Milan on Sept. 18 and hasn't started since. A number of prominent pundits, including former City defender and club ambassador Micah Richards, have questioned why De Bruyne has not been starting games amid the champions’ dramatic slump. Richards said on “The Rest is Football” podcast that it appeared “there’s some sort of rift going on” between De Bruyne and Guardiola. Guardiola responded in his news conference ahead of Wednesday's Premier League match against Nottingham Forest, saying: “People say I’ve got a problem with Kevin. Do you think I like to not play with Kevin? No, I don’t want Kevin to play? “The guy who has the most talent in the final third — I don’t want it? I have a personal problem with him after nine years together? He’s delivered to me the biggest success to this club, but he’s been five months injured (last season) and two months injured (this year). He’s 33 years old. He needs time to find his best, like last season, step by step. He’ll try to do it and feel better. I’m desperate to have his best.” Both De Bruyne and Guardiola have spoken since of the pain De Bruyne was in after his injury against Inter and the need to ease him back into action. De Bruyne is in the final year of his contract. “I’d love to have the Kevin in his prime, 26 or 27. He would love it too — but he is not 26 or 27 anymore," Guardiola said. “He had injuries in the past, important and long ones. He is a guy who needs to be physically fit for his space and energy. You think I’m complaining? It’s normal, it’s nature. He’s played in 10 or 11 seasons a lot of games and I know he is desperate to help us. He gives glimpses of brilliance that only he can have." AP soccer: https://apnews.com/hub/soccerNone
Jack Henry & Associates Inc. stock underperforms Friday when compared to competitorsUConn coach Dan Hurley told reporters Tuesday that star forward Alex Karaban is out for Wednesday's top-25 matchup against visiting Baylor. Karaban was transported to a hospital in Hawaii last Wednesday after sustaining a head injury during an 85-67 loss to Dayton on the final day of the Maui Invitational. Karaban hit the floor after being fouled on a contested layup with approximately 2 1/2 minutes left in the second half. He was later cleared to fly home with the rest of the team on Thursday. The junior sat out Saturday's 99-45 win over Maryland Eastern Shore, but now he will miss a more important game that pits the No. 25 Huskies (5-3) against the No. 15 Bears (5-2) in the Big 12-Big East Battle. Karaban has been UConn's leading scorer (15.9 ppg), adding 4.1 rebounds and 3.3 assists per game. A starter for each of the Huskies' last two national championship-winning seasons, Karaban owns career averages of 11.7 points, 4.7 rebounds and 1.7 assists per game. Jaylin Stewart drew into the starting lineup in Karaban's place against UMES. --Field Level Media
WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Five New York City public employee pension funds, along with Oregon’s public employee retirement fund, allege that former chairman Rupert Murdoch and other Fox Corp. leaders deliberately turned a blind eye to liability risks posed by reporting false claims of vote rigging by election technology companies Dominion Voting Systems and Smartmatic USA. Smartmatic is for defamation in New York, alleging damages of $2.7 billion. It recently in the District of Columbia against One America News Network, another conservative outlet, over reports of vote fraud. Dominion also filed several defamation lawsuits against blaming its election equipment for Donald Trump’s loss in 2020. Last year, a defamation lawsuit filed by Dominion in Delaware for $787 million. The shareholder plaintiffs also allege that Fox corporate leaders ignored “red flags” about liability arising from a 2017 report suggesting that Seth Rich, a Democratic National Committee staffer, may have been killed because he had leaked Democratic party emails to Wikileaks during the 2016 presidential campaign. Rich, 27, was shot in 2016 in Washington, D.C., in what authorities have said was an attempted robbery. Fox News retracted the Seth Rich story a week after its initial broadcast, but Rich’s parents sued the network for falsely portraying their son as a criminal and traitor. Fox News in 2020 for “millions of dollars,” shortly before program hosts Lou Dobbs and Sean Hannity were to be deposed, according to the shareholder lawsuit. Joel Friedlander, an attorney for the institutional shareholders, argued that Fox officials waited until the company’s reporting about Rich became a national scandal before addressing the issue. Similarly, according to the shareholders, corporate officials, including Rupert Murdoch and his son, CEO Lachlan Murdoch, allowed Fox News to continue broadcasting false narratives about the 2020 election, despite internal communications suggesting that they knew there was no evidence to support the conspiracy theories. “The Murdochs could have minimized future monetary exposure, but they chose not to,” Friedlander said. Instead, he argued, they engaged in “bad-faith decision making” with other defendants in a profit-driven effort to retain viewers and remain in Trump’s good graces. “Decisions were made at the highest level to promote pro-Trump conspiracy theories without editorial control,” Friedlander said. Defense attorneys argue that the case should be dismissed because the plaintiffs filed their lawsuit without first demanding that the Fox Corp. board take action, as required under Delaware law. They say the plaintiffs also failed to demonstrate that a pre-suit demand on the Fox board would have been futile because at least half of the directors face a substantial likelihood of liability or are not independent of someone who does. Beyond the “demand futility” issue, defense attorneys also argue that allegations that Fox officials breached their fiduciary duties fail to meet the pleading standards under Delaware and therefore should be dismissed. Defense attorney William Savitt argued, for example, that neither the Rich settlement, which he described as “immaterial,” nor the allegedly defamatory statements about Dominion and Smartmatic constitute red flags putting directors on notice about the risk of defamation liability. Nor do they demonstrate that directors acted in bad faith or that Fox “utterly failed” to implement and monitor a system to report and mitigate legal risks, including defamation liability risk, according to the defendants. Savitt noted that the Rich article was promptly retracted, and that the settlement included no admission of liability. The Dominion and Smartmatic statements, meanwhile, gave rise themselves to the currently liability issues and therefore can not serve as red flags about future liability risks, according to the defendants. “A ‘red flag’ must be what the term commonly implies — warning of a risk of a liability-causing event that allows the directors to take action to avert the event, not notice that a liability-causing event has already occurred,” defense attorneys wrote in their motion to dismiss. Defense attorneys also say there are no factual allegations to support claims that Fox officials condoned illegal conduct in pursuit of corporate profits, or that they deliberately ignored their oversight responsibilities. They note that a “bad outcome” is not sufficient to demonstrate “bad faith.” Vice Chancellor J. Travis Laster is expected to rule within 90 days.
Norwegian Cruise Line Holdings Ltd. stock rises Friday, still underperforms marketStanbic IBTC Pensions to Host Annual Creativity, Innovation Festival
NoneDENVER — The Denver Broncos signed left tackle Garett Bolles to a four-year extension on Thursday, locking up a big piece to protect rookie quarterback Bo Nix. Bolles has spent his entire career with the organization after being drafted out of Utah with the 20th overall pick in 2017. He has a chance this season to help the Broncos into the postseason for the first time since they won Super Bowl 50 after the 2015 season. The Broncos (8-5) are currently in the seventh and final playoff spot in the AFC. They can put some distance between them and Indianapolis on Sunday (6-7) with a win over the Colts. After an up-and-down start in Denver, Bolles has developed into a dependable pass protector. He's allowed one sack and 24 quarterback pressures over 13 starts this season. What's more, his 4.9 percent quarterback pressure rate is the second-lowest mark among tackles with at least 200 pass blocking snaps this season, according to NextGen Stats. With time to scan the field, Nix leads all rookies in completions (277), yards passing (2,842), offensive touchdowns (22) and passing touchdowns (17). Bolles earned second-team Associated Press All-Pro honors after the 2020 season. On social media , Bolles posted: “Broncos Country, It’s been a great 8 years! Thanks for everything! And ... I’m not leaving. The show goes on!” Since 2017, Bolles has allowed the sixth-fewest sacks (36) among tackles with at least 3,100 snaps. The extension of Bolles means the Broncos have all five starting offensive linemen on board through next season. Guard Quinn Meinerz agreed to four-year contract extension in July. The Broncos also signed cornerback Patrick Surtain II to a four-year contract extension in September worth $96 million, including $77.5 million in guarantees. Linebacker Jonathon Cooper agreed to a four-year, $60 million extension in November.
Coreline Soft Showcases AI-Powered Lung Disease Diagnostics at RSNA 2024
Jim Carrey revealed why he returned for Sonic the Hedgehog 3 to reprise his role as Doctor Robotnik. During the film’s UK premiere in London, the Ace Ventura Pet Detective star joked about why he signed on to do the third installment of the film based on the Sega video game. “I came back to this universe because, first of all, I get to play a genius, which is a bit of a stretch. And, you know, it’s just... I bought a lot of stuff and I need the money, frankly. Yeah,” Carrey told the Associated Press . In 2022, wh en the Bruce Almighty star was promoting the sequel to Sonic the Hedgehog , he said he was retiring from acting . “I’m being fairly serious,” he said in an interview to Access Hollywood at the time. “It depends. If the angels bring some sort of script that’s written in gold ink, that says to me that it’s going to be really important for people to see, I might continue down the road. But I’m taking a break.” When AP asked during the premiere on December 10 about what he said in 2022, Carrey said, “That might have been hyperbole.” Sonic the Hedgehog 3 opens in U.S. theaters on December 20. The third installment of the action-adventure film has Sonic, Tails, and Knuckles facing a mysterious adversary known as Shadow the Hedgehog and are forced to form an unlikely alliance with villain Dr. Robotnik. The voice cast includes Ben Schwartz as Sonic, Colleen O’Shaughnessey as Tails, Idris Elba as Knuckles, and Keanu Reeves as Shadow. Live-action actors include Carrey, James Marsden, Tika Sumpter, Krysten Ritter, Natasha Rothwell, Lee Majdoub, Tom Butler, Adam Pally, Shemar Moore and Alyla Browne.
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