ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Fox Corporation Investors to Inquire About Class Action Investigation – FOX, FOXA

NEW YORK, March 24, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fox Corporation (NASDAQ: FOX, FOXA) resulting from allegations that FOX may have issued materially misleading business information to the investing public. The prospective class includes those who purchased FOX call options and/or sold put options.

SO WHAT: If you purchased FOX securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=13327 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: In the wake of the 2020 U.S. Presidential Election, Dominion Voting Systems sued FOX for defamation. Dominion’s lawsuit alleges that FOX defamed Dominion’s business by endorsing, repeating or broadcasting a series of “verifiably false yet devastating lies about Dominion.” Dominion claims that various statements that were made on FOX News, including that Dominion committed election fraud by rigging the 2020 election, that Dominion’s software and algorithms manipulated vote counts in the 2020 election, that Dominion was founded for the purpose of rigging elections, and that Dominion paid kickbacks to government officials who used its machines, were defamatory and false. Dominion seeks over $1.6 billion in damages, as well as additional punitive damages.

Beginning in February 2023, specific details emerged of internal discussions at FOX in the wake of the 2020 election, revealing that FOX’s senior leaders understood that claims to the effect that Dominion had rigged the 2020 election were false. As a consequence, FOX faces significant potential legal liability.

As a result of ongoing revelations about FOX’s legal exposure in the Dominion lawsuit, FOX’s Class A stock has declined from a closing price of $37.03 on February 17, 2023 to a closing price of $32.52 on March 15, 2023, a 12% decline. FOX’s Class B stock has declined from a closing price of $34.22 on February 17, 2023 to a closing price of $29.83 on March 15, 2023, a 12% decline.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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HRH the Crown Prince Offers Condolences to Kuwaiti Crown Prince on the Death of Sheikh Mohammad Sabah Sabah Saud Al-Sabah

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a cable of condolences and sympathy to Kuwait’s Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, on the death of Sheikh Mohammad Sabah Sabah Saud Al-Sabah.

HRH the Crown Prince said: “We have been informed of the news of the death of Sheikh Mohammad Sabah Sabah Saud Al-Sabah and as we send to Your Highness and the family of the deceased our deepest condolences and sincere sympathy, we pray to Allah the Almighty to bestow His mercy and forgiveness on him.”

Source: Saudi Press Agency

Syria condemns the heinous aggression of US occupation on Deir Ezzor

Syria condemned the heinous attack launched by the US occupation forces on some areas in Deir Ezzor province and affirmed its adherence to ending the US occupation and extending the authority of the Syrian State over all of its territory.

“Syria condemns the brutal attack launched by US forces against some areas in Deir Ezzor Governorate, which caused several fatalities, injuries and property damage,” the Ministry of Foreign Affairs and Expatriates said in a statement.

The Ministry added that the US lies about the targeted sites are nothing but a failed attempt to justify this act of aggression which constitutes a flagrant violation of Syria’s sovereignty, unity and territorial integrity.

According to the Foreign Ministry, these aggressions constitute a continuation of the attacks committed by the Israeli occupation and Daesh terrorists against the residents and cover up the continued looting of Syrian oil by the US occupation forces.

The Syrian Arab Republic reaffirms its adherence to ending the American occupation, extending the authority of the Syrian State over all of its territory, and stopping the American sponsorship and support for separatist terrorist militias, The Ministry said.

The Ministry said that Syria calls on all countries of the world to condemn this American aggression and to stand in solidarity with Syria in order to preserve the unity of its land and people.

Source: Syria Arab News Service

Activities of the 4th meeting of the Agriculture Ministers to kick off in Damascus

Under the slogan “Towards Achieving Agricultural Economic Integration at the Regional Level”, the activities of the 4th quartet meeting of the agriculture Ministers of Syria, Lebanon, Iraq and Jordan will start on Sunday at Dama Rose Hotel in Damascus.

In the meeting , The ministers will discuss ways to boost trade exchange and food security, mechanisms to support regional projects, address climate challenges and land degradation, and improve agricultural production in the four countries.

The previous quadripartite meetings were held during the past year three times, in Iraq, Lebanon, and Jordan.

Source: Syria Arab News Service

KSrelief Launches Project to Distribute Food Basket in Senegal for the year 2023

Dakar, March 25, 2023, SPA — The King Salman Humanitarian Aid and Relief Center (KSrelief) inaugurated yesterday the food basket project in Senegal, at the headquarters of the Saudi Embassy in Dakar. The inauguration was attended by the Saudi Ambassador to Senegal, Saad bin Abdullah Al-Nufaie, and several government officials in Senegal.

The project aims to distribute 2,253 food baskets, each weighing 70 kilograms, including basic foodstuffs such as rice, oil, and sugar, benefiting 20,277 people, in 4 regions in Dakar.

This comes within the relief and humanitarian efforts undertaken by the Kingdom through its humanitarian arm, KSrelief, to provide food security in many countries around the world.

Source: Saudi Press Agency

KSrelief Distributes 400 Food Parcels in Blue Nile State, Sudan

The King Salman Humanitarian Aid and Relief Center (KSrelief) distributed yesterday, 400 Ramadan food baskets in the Blue Nile state, the Republic of Sudan, benefiting 2,558 people.

This comes within the framework of the Feeding Basket project, which aims to distribute 32,850 Ramadan food baskets, benefiting 197,100 people, in several Sudanese states.

Source: Saudi Press Agency

KSA Condemns Israeli Occupation’s Decision to Build Settlement Units Inside Occupied Palestinian Territories

Ministry of Foreign Affairs expressed the Kingdom’s condemnation of a decision by the Israeli occupation authorities to float bids to build settlement units inside the occupied Palestinian territories.

The Ministry expressed the Kingdom’s denunciation and condemnation of this decision, which represents a continuation of the flagrant violations committed by the occupation authorities, calling upon the international community to assume its responsibilities to end the Israeli occupation and stop its provocative practices, which would obstruct the paths of political solutions based on the Arab Peace Initiative, and undermine international peace efforts.

Source: Saudi Press Agency

Lebanese Agriculture Minister: Tomorrow’s meeting in Damascus preludes joint Arab action for food security

The Lebanese Minister of Agriculture, Dr. Abbas Haj Hassan, and his accompanying delegation arrived at the Jdeidet Yabous border crossing to participate in the 4th meeting of Agriculture Ministers of Syria, Lebanon, Iraq and Jordan in tomorrow in Damascus.

In a press statement, Minister Haj Hassan said that the Summit of the Agriculture Ministers in Syria, Lebanon, Jordan and Iraq establish a broader joint Arab action focusing on the of food security.

The Lebanese Minister added “Based on the attachment to Arab food security, several meetings were previously held in Iraq, then in Beirut and Jordan, while a meeting will be held tomorrow in Damascus, as these meetings will be concluded to implement the points on which we had agreed to facilitate everything relating to agricultural, vegetable and animal products”.

Source: Syria Arab News Service

Al-Hanifat: Damascus agriculture ministers meeting aims to sign MoU on facilitating flow of goods

Jordanian Agriculture Minister Khaled al-Hanifat on Saturday arrives to Nassib border crossing to participate in the 4th meeting of Agriculture Ministers of Syria, Lebanon, Iraq and Jordan in tomorrow in Damascus.

The meeting aims to achieve integration between the four countries, sign a memorandum of understanding that will contribute to facilitating the flow of goods between them and achieve food security for the Arab citizen, al-Hanifat said in press conference at Nassib border crossing.

Minister of Agriculture and Agrarian Reform, Eng. Mohammad Hassan Qatana , in turn, underlined the importance of integration of agricultural policies to ensure the facilitation of commodity exchanges.

Source: Syria Arab News Service

Russian economist: Washington plunders world’s resources in exchange of its unsupported currency

The Russian economist, Aleksandr Nazarov,said that the US exploits the world countries and loots their resources.

Nazarov said on his Telegram channel: “The U.S. has increased the printing of dollar banknotes in the past years, and with this new money it bought the commodities of other countries in the world,” noting that the United States had about $0.3 trillion before the 2008 crisis. In circulation, and now it has 8.7 trillion dollars, in other words, the U.S. printed during this period 8.4 trillion dollars from vacuum, and bought real goods from other countries.

The expert considered that the American system is a modern colonial system based on looting from other countries, and the US lives at its expense and protects it, and it is now fighting against Russia in Ukraine, and is trying to provoke a war with China for it.

Nazarov pointed out that the US is going through an existential period, saying: “We see that each round of the crisis becomes several times more destructive than the previous one, and this is because it has a simple choice, either to collapse in the next few years and withdraw from the historical scene as a superpower, or to try to eliminate the enemies by military means.”.

Source: Syria Arab News Service