News Corp. agrees to $139 million shareholder settlement

Company will also strengthen its compliance program as part of agreement

News Corp. is paying up big time for its misdeeds.

In July 2011, journalists at News Corp.’s News of the World tabloid stood accused of hacking into the phone messages of various U.K. citizens, including celebrities, a young murder victim and political figures. Since then, the company has faced an onslaught of litigation and has settled some of the claims.

Ashley Post

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