Shareholders accuse News Corp. of corruption and espionage

Amended lawsuit includes allegations of corporate espionage against Murdoch and board members

Things continue to look worse for Rupert Murdoch and company.

Following last week’s revelation that a pair of former News of the World executives told a London parliamentary hearing that they had notified Murdoch’s son in early 2008 that evidence pointed to the tabloid’s phone hacking not being limited to a solitary reporter, the company’s shareholders are now accusing the board of more serious wrongdoing.

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