News Corp has extensive ties to the Murdoch family including Rupert Murdoch who is executive chairman. The suit against Mr. Gladstone was filed by Clare Locke, a firm that sued Fox News in the voting machine scandal around the 2020 election that recently resulted in a $787.5 million settlement. Mr. Murdoch is also chair of Fox News parent Fox Corp. (The two companies split apart roughly a decade ago). Mr. Gladstone didn’t reply to a request for comment from IPO Edge. The tech allows Ben to offer liquidity in transactions as small as $100,000 – far below typical transactions that occur now.

Source: Fox News August 02, 2023 18:57 UTC