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News Corp. shareholders amend complaint to reflect phone-hacking scandal

Lawsuit alleges nepotism and board misconduct

The media sector was rocked last week when news broke that journalists from the British tabloid newspaper News of the World, published by News Corp., stood accused of hacking into the phone messages of various U.K. citizens including celebrities, a young murder victim, and possibly the royal family and former prime minister Gordon Brown.

Amidst the scandal, the 168-year-old newspaper announced that yesterday’s Sunday issue would be its last ever.

Ashley Post

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