Fox News has just been SLAPPED with a lawsuit by the state of Oregon, saying that its false claims about the 2020 election caused losses to the state’s employee retirement funds.
Oregon Attorney General Ellen Rosenblum filed the lawsuit officially against Fox Corporation, after an investigation revealed that the company knew its employees were broadcasting false political claims about the election.
This caused shareholders to “expose themselves and the company to liability and exposed their shareholders to significant risks,” the lawsuit reads. Fox has already had to dig deep to satisfy one lawsuit from Dominion Voting Systems for an eye-popping $800 million. That and the additional $2.7 billion dollar lawsuit from Smartmatic contributed to the drop in value of Oregon’s state retirement fund stake in Fox stocks from $11.7 million to only $5.2 million.
Since it’s clear that Fox News TV anchors and hosts still haven’t learned their lesson as they continue to push election lies, should other states file their own lawsuits and push Fox to bankruptcy?