Stock Market News

Fox’s legal head to step down in another major exit after Dominion settlement

2023.08.11 18:08


© Reuters. FILE PHOTO: People walk past Fox News posters on the exterior of the News Corporation and Fox News headquarters building in Manhattan in New York City, New York, U.S., April 24, 2023. REUTERS/Mike Segar/File Photo

(Reuters) -Fox Corp said on Friday that Chief Legal Officer Viet Dinh was stepping down, a high-profile exit that follows its $787.5 million settlement in April of a defamation lawsuit filed by Dominion Voting Systems over its 2020 U.S. election coverage.

Dinh, who will exit the role at the end of 2023, joined Fox in 2018 and headed its legal and compliance divisions during the months-long legal battle sparked by the network’s coverage of false claims that Dominion rigged the election.

The move marks another major departure at the network since the settlement. Top-rated host Tucker Carlson agreed to part ways with Fox in April, just days after the legal resolution.

As part of a separation agreement, Dinh will get a lump-sum cash payment of $23 million, Fox said. He will become a special adviser to the company after leaving the role of legal head.

He was a former U.S. attorney general under President George W Bush and an architect of the Patriot Act, the U.S. national security law enacted after the Sept. 11, 2001 terrorist attacks.

He founded Bancroft PLLC, a small Washington, D.C.-based litigation firm known for advocating conservative causes that was acquired by Kirkland & Ellis in 2016. Dinh’s clients as a defense lawyer included billionaire real estate developer Ng Lap Seng, who was convicted of bribery in 2017.

In June, Fox Corp also settled a lawsuit by former Fox News producer Abby Grossberg, who claimed gender discrimination and accused the network’s lawyers of pressuring her to make misleading statements in the Dominion Voting Systems case.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 105,052.15 0.68%
ethereum
Ethereum (ETH) $ 3,344.72 1.58%
xrp
XRP (XRP) $ 3.13 1.05%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.69 4.42%
bnb
BNB (BNB) $ 688.99 0.76%
dogecoin
Dogecoin (DOGE) $ 0.35379 1.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.986487 1.33%
staked-ether
Lido Staked Ether (STETH) $ 3,338.37 1.54%
tron
TRON (TRX) $ 0.253341 1.03%
chainlink
Chainlink (LINK) $ 25.52 2.12%
avalanche-2
Avalanche (AVAX) $ 37.64 6.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.50 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,712.06 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.342655 3.61%
stellar
Stellar (XLM) $ 0.421107 1.86%
the-open-network
Toncoin (TON) $ 5.08 0.60%
sui
Sui (SUI) $ 4.17 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.30%
weth
WETH (WETH) $ 3,343.74 1.60%
polkadot
Polkadot (DOT) $ 6.34 0.18%
bitget-token
Bitget Token (BGB) $ 7.71 0.09%
litecoin
Litecoin (LTC) $ 124.07 1.66%
leo-token
LEO Token (LEO) $ 9.75 0.23%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.92 1.47%
hyperliquid
Hyperliquid (HYPE) $ 24.17 9.51%
uniswap
Uniswap (UNI) $ 12.24 0.03%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,535.27 1.32%
pepe
Pepe (PEPE) $ 0.000015 0.33%
official-trump
Official Trump (TRUMP) $ 31.04 9.21%
near
NEAR Protocol (NEAR) $ 5.06 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
aave
Aave (AAVE) $ 330.70 0.49%
aptos
Aptos (APT) $ 8.34 3.35%
mantra-dao
MANTRA (OM) $ 4.77 36.93%
ondo-finance
Ondo (ONDO) $ 1.44 1.09%
internet-computer
Internet Computer (ICP) $ 9.18 0.53%
monero
Monero (XMR) $ 222.96 1.80%
whitebit
WhiteBIT Coin (WBT) $ 28.43 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 26.98 0.52%
mantle
Mantle (MNT) $ 1.20 0.05%
vechain
VeChain (VET) $ 0.047943 0.78%
crypto-com-chain
Cronos (CRO) $ 0.138022 0.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.43878 1.50%
render-token
Render (RENDER) $ 7.04 2.53%
dai
Dai (DAI) $ 1.00 0.01%
algorand
Algorand (ALGO) $ 0.407745 1.54%
kaspa
Kaspa (KAS) $ 0.132099 1.42%