3 ms·
So the pension funds are suing Fox because Fox got sued and lost the case which was bad for investors - Fox had to pay out a ton of money negatively impacting i
by bern4444 3y ago
So the pension funds are suing Fox because Fox got sued and lost the case which was bad for investors - Fox had to pay out a ton of money negatively impacting investment returns.
I don't think this is going anywhere - Caveat Emptor. This lawsuit should be thrown out. As Matt Levine often says: everything is securities fraud[0].
[0]https://www.bloomberg.com/news/articles/2023-08-25/podcast-matt-levine-makes-the-argument-that-everything-is-securities-fraud https://www.bloomberg.com/news/articles/2023-08-25/podcast-m...