LexisNexis® Legal Newsroom
Worth Reading: News Corp. Phone Hacking a Tone at the Top Issue

by Gary Larkin I couldn't help but notice the similarities between the accounting scandals of the late 1990s, early 2000s at Enron, Tyco and WorldCom and the News Corp. phone hacking scandal that was brought to light this year. True, the use of illegal electronic gizmos to eavesdrop on news...

D&O Insurance to Fund Entire "Largest Ever" $139 Million News Corp. Derivative Suit Settlement

In what the plaintiffs' lawyers claim to be the largest derivative lawsuit settlement ever, the parties to the News Corp. shareholder derivative litigation have agreed to settle the consolidated cases for $139 million. The company also agreed to tighten oversight of the company's operations...