Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

To view the full Insurance Insider site click here

21st Century Fox claim tags US D&O market for $90mn

  • Charlie Thomas 22 November 2017
  • 21st Century Fox has agreed to settle a shareholder derivative lawsuit arising from a sex harassment scandal that enveloped the Fox News network last year, with the $90mn settlement funded by the company's directors' and officers' (D&O) insurers.

    The settlement - which includes provisions for governance and compliance enhancements, including the creation of a Workplace Professionalism and Inclusion Council - provides that the individual defendants and the estate of the late Roger Ailes will "cause their insurers to make a...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login