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Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties | CNN Business

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Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties | CNN Business



New York
CNN
 — 

Oregon’s attorney general announced Monday she is investigating Fox Corp.’s board of directors for “breach of fiduciary duty” after Fox News repeatedly broadcast election lies in the wake of the 2020 election. That resulted in a historic $787 million defamation settlement with Dominion Voting Systems.

“Treasurer Read and I believe that Fox’s board of directors breached its fiduciary duties by allowing Fox News to broadcast false claims that Dominion and Smartmatic rigged the 2020 presidential election,” said Attorney General Ellen Rosenblum in a statement. “We hope to hold the board accountable and protect the long-term value of Oregon’s investment in Fox Corp.”

The attorney general’s office said the Oregon Department of Justice and the Treasury “will explore leading a suit against Fox’s management on behalf of the company’s harmed investors,” which include the Oregon Public Employees Retirement Funds.

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“We invest for Oregon’s public servants and we aim to hold Fox’s board of directors, including Rupert and Lachlan Murdoch, accountable for their decisions,” added state Treasurer Tobias Read, who is a member of the Oregon Investment Council, which sets state investment policy. “Investigating Fox’s books and records is a necessary and significant step in fulfilling our obligation to our beneficiaries.”

A Fox spokesperson declined to comment.

In April, Fox News reached a last-second settlement with Dominion to avert a painful six-week trial in what is the largest publicly known defamation settlement in US history involving a media company.

The right-wing network said in a statement at the time that it “acknowledge[s] the Court’s rulings finding certain claims about Dominion to be false,” referring to Delaware Superior Court Judge Eric Davis’ ruling that 20 Fox News broadcasts after the 2020 election contained blatantly untrue assertions that Dominion rigged the presidential election.

Fox News also settled a defamation lawsuit brought by a Venezuelan businessman in April after he accused the network of falsely claiming he helped rig the 2020 presidential election.

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Fox News is still facing an even larger defamation lawsuit from Smartmatic, another voting technology company that was similarly smeared on Fox News’ shows after the 2020 election. That case is still in the discovery process, and a trial isn’t expected until 2025.



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Oregon

Oregon Ducks in prime position to land No. 1 OT in transfer portal

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Oregon Ducks in prime position to land No. 1 OT in transfer portal


One of the biggest needs for the Oregon Ducks to fill this offseason is at the offensive tackle position, with one and potentially two starting spots to fill after the 2024 season is over.

Dan Lanning and Co. are working hard to fill that need with an elite prospect, too. According to On3’s Hayes Fawcett, former Nevada Wolfpack offensive tackle Isaiah World placed the Ducks among his final three schools that he is considering, alongside the Nebraska Cornhuskers and Texas A&M Aggies.

World is the No. 1 ranked offensive tackle in the portal, and the No. 20 overall player. Standing at 6-foot-8, 320 pounds, World is a massive body that has played left tackle for the Wolfpack.

Should he end up committing to the Ducks, it would be interesting to see which side of the line he plays on. At the moment, we know that right tackle Ajani Cornelius is graduating after this year, and there is a chance that left tackle Josh Conerly Jr. will declare for the NFL Draft after a career season that saw him named an Associated Press third-team All-American.

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The Ducks are planning to get World to Eugene in the coming days for a visit and try to seal the deal on his recruitment.



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Oregon RV dealer must pay back $3 million to customers after DOJ investigation

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Oregon RV dealer must pay back  million to customers after DOJ investigation


Camping World, an RV dealer with multiple Oregon locations, will pay the state $3.5 million in a settlement deal, with $3 million of that going to customers who paid more than the advertised price for recreational vehicles in 2017 and 2018, according to a press release Monday from the Oregon Department of Justice.

“Our investigation found that Camping World would advertise a heavily discounted ‘Dare to Compare’ price,” said Attorney General Ellen Rosenblum in the press release. “During negotiations, Camping World would claw back its purported discount by double charging consumers for freight and prep charges that had already been included in the advertised price.”

The settlement is the end to a years-long consumer protection investigation by the Oregon Department of Justice Civil Recovery Section, the agency said in the release.

According to the DOJ, the $3 million will be used to give refunds to those who purchased an RV from Camping World between Jan. 1, 2017, and Dec. 31, 2018 and paid more than the advertised price for the vehicle.

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People who bought a vehicle after Dec. 31, 2018 may also be eligible for a refund but “must submit a written complaint to Oregon DOJ within 6 months of this announcement to potentially be eligible to receive a refund,” the DOJ said.

“Consumers that submit written complaints should include any information that they have to demonstrate they paid more than the advertised price,” the press release added.

Going forward, the DOJ said, Camping World cannot charge more than the advertised price of the vehicle. That price must be available to all consumers and cannot be contingent on how the customer plans to pay.

Anyone who wants to learn more can call the Oregon Department of Justice Consumer Hotline at 1-877-877-9392 or visit doj.state.or.us/consumer-protection.

Lizzy Acker covers life and culture and writes the advice column Why Tho? Reach her at 503-221-8052, lacker@oregonian.com.

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First salmon in century reach Oregon's Klamath Basin after dam removal

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First salmon in century reach Oregon's Klamath Basin after dam removal


On the U.S. West Coast, conservationists for the world’s largest dam-removal project are both celebrating initial successes and encountering short-term obstacles. VOA’s Matt Dibble has our story from the Klamath River on the border between California and Oregon.



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