Rupert Murdoch’s Fox Corp. faces $2.7 billion lawsuit over Smartmatic defamation claim

A New York state appeals court ruled on Thursday that Fox Corporation (NASDAQ:FOX) (NASDAQ:FOXA), parent of Fox News Network, must face a $2.7 billion defamation lawsuit filed by Smartmatic—a UK based voting machinery company.

Lawsuit background: Smartmatic initiated a lawsuit in February