Also joining the investigation is Oregon State Treasurer Tobias Read, who oversees the Oregon Public Employees Retirement Fund, which owns more than 250,000 shares of Fox stock. “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,” Rosenblum said. “Fox directors and senior officers manage the company on behalf of its investors,” the department said in a statement. Another voting machine company, Smartmatic USA, has also sued Fox News over Fox News' bogus election claims. Dominion had sued Fox for $1.6 billion.

Source: Fox News June 06, 2023 00:54 UTC