Fox News' Board JUST SUED-Is the Beginning of the End?

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Trish Regan is an award winning financial journalist, and podcast host and author. Regan interprets political and current cultural events through an economic lens. Get the INTEL to help you make the best investment choices with Trish.


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Friday, September 15

In today’s show, Trish Regan reports on new lawsuits that are hitting FOX News and its board members. Two new shareholder action lawsuits accuse FOX’s board members (including Rupert Murdoch and son Lachlan Murdoch) as well as Paul Ryan, and other executives at the company, of having “consciously disregarded” the risk of exposing itself to defamation claims “with potentially huge financial liability and potentially larger business reprecussions” in favor of ratings and profits. Shareholders allege that Fox’s board made an intentional, reckless decision to prioritize profits above all potential risks - thereby, costing the company (and its shareholders) enormous amounts of money. Trish Regan predicted there would be shareholder lawsuits when she reported the news of Fox’s nearly $800 million settlement, warning that there would be additional issues resulting from that settlement deal. Indeed, that day is here. Fox’s legal challenges are growing. The big question now: can the network, led by former production assistant continue to survive amid such enormous legal pressure? As a former Fox Business and Fox News personality herself, Trish Regan has a unique perspective on the challenges this company now faces. A series of poor decisions, including not better managing the Dominion situation, and not better anticipating and adapting to changes to the media landscape, could soon mean: the ‘Domination of Fox’ may soon come to an end. Join Trish for more on this story and much more. SUBSCRIBE TO YOUTUBE for daily videos from the Trish Regan Show Subscribe to the whole audio show on Apple Podcasts: Check out my Live Free merch! Follow me on: Instagram: Twitter:  Portions of the show sponsored by