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Judge King Rules Against NewsCorp & Sets January 12, 2012 Hearing - Federal Brown v. Brewer Securities Fraud & Antitrust Class Action

Judge King Rules Against NewsCorp & Sets January 12, 2012 Hearing - Federal Brown v. Brewer Securities Fraud & Antitrust Class Action

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Published by len_starn
Judge King rules in favor of Shareholders December 19, 2011 - Class Action Securities Fraud & Antitrust

News Corp and defendants lose bid in Federal Court stop Class Action as "Sham" below market Settlement thrown & Entire Settlement Process including Notification and chance by all shareholders to OPT-OUT or Object2 or Intervene

a) MySpace Founder (largest shareholder) related announcement and links to latest key pleadings

b) Ruling of Judge King (pg. 3)
i) oral argument on January 12, 2012, at 9:30 a.m.

ii) "Defendants,SHALL be present to discuss the issues raised by these filings"

iii)" further notice to the class would be required or otherwise desirable"

c) Copy of Court Recognized Rule 701 Damage Valuation of $96 Billion - Judge King acknowledges its existence and doesnt strike the new value data that all shareholders will demand at or as part of January 12, 2012 Federal Hearing and will be starting point for future & new settlement +allocation agreement News Corp & Plaintiff Class may reach. If such agreement is not reached Judge King will set trial within 6 months or sooner.

d) Docket History of Brown v. Brewer.
Judge King rules in favor of Shareholders December 19, 2011 - Class Action Securities Fraud & Antitrust

News Corp and defendants lose bid in Federal Court stop Class Action as "Sham" below market Settlement thrown & Entire Settlement Process including Notification and chance by all shareholders to OPT-OUT or Object2 or Intervene

a) MySpace Founder (largest shareholder) related announcement and links to latest key pleadings

b) Ruling of Judge King (pg. 3)
i) oral argument on January 12, 2012, at 9:30 a.m.

ii) "Defendants,SHALL be present to discuss the issues raised by these filings"

iii)" further notice to the class would be required or otherwise desirable"

c) Copy of Court Recognized Rule 701 Damage Valuation of $96 Billion - Judge King acknowledges its existence and doesnt strike the new value data that all shareholders will demand at or as part of January 12, 2012 Federal Hearing and will be starting point for future & new settlement +allocation agreement News Corp & Plaintiff Class may reach. If such agreement is not reached Judge King will set trial within 6 months or sooner.

d) Docket History of Brown v. Brewer.

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Published by: len_starn on Dec 23, 2011
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06/14/2014

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Contact: Jim Anderson,
 pr1media@fastmail.fm
 
MySpace Founder Confirms Ongoing Investigation in Wake of Resignationby The New York Times CEO That A Complaint Has Been Made To BothBoard & SEC Regarding Potential Violations of Sarbanes Ox
 
MySpace Founder Confirms in Wake of Resignation by TheNew York Times CEO That A Complaint Has Been Made ToBoth Board & SEC Regarding Potential Violations of SarbanesOxley Statue 802 and Federal Racketeering Violationsincluding Obstruction of Justice
 NEW YORK, Dec. 19, 2011— MySpace Founder Brad Greenspan confirmed today in the wake of the resignation by The New York Times Company (NYSE: NYT) CEO Janet L. Robinson, 61, president and chief executive officer since 2004, announced Friday December 16,2011, that a formal complaint and request for a full investigation was made in November to the Board of Directors and that the Securities & ExchangeCommission (SEC) has confirmed to the MySpace Founder the agency hasreceived specific evidence and begun an investigation into potential violations bythe NYT CEO or other executives of Sarbanes Oxley Statue 802 and/or FederalRacketeering Violations including Obstruction of Justice.Mr. Greenspan is also the largest shareholder in Brown v. Brewer a current 6 year Class Action Federal Securities Fraud and Antitrust case against News Corp andIntermix related to the 2005 Acquisition of Myspace.com. The Class Action case2:06-cv-03731 is ongoing in Federal Central District before the Honorable JudgeGeorge King. Most recently, Mr. Greenspan has filed for 25+ summary judgementcounts on behalf of the Class of over 5000 public shareholders after winning aninitial Summary Judgement ruling in June 2010. The MySpace Founder has alsofiled a Rule 701 Damage Valuation that establishes damages of over $32 billiondollars for Security Fraud and over $96 billion with antitrust claims including botha Clayton Act Section Eight Violation for Interlocking Directors and 2 ShermanAct Violation claims.“Its incredibly important to have publicly traded media companies follow Federal
 
laws including Sarbanes-Oxley statues, ” said the MySpace Founder “Equallyimportant is an unfettered and uncorrupted free press in America that does notcollude against Whistleblowers. I am hopeful and fully expect the Directors of the New York Times to work with the SEC to bring to light any corruption or improper arrangements with other media companies which may have existedunder the former CEO Janet Robinson.”The MySpace Founder initiated contact with both The New York Times CompanyDirectors and SEC providing significant evidence of an unusual suppression of certain story topics including cutting off coverage of the Brown v. Brewer FederalClass Action case after the New York Times Newspaper reported out on the casein July 2010 after an article was written by Gretchen Morgenson titled “Bidder Beware”. The New York Times also refused to contact The MySpace Founder after being supplied evidence that Mr. Greenspan was a victim of Computer Hacking/Intrusion by News Corporation.The latest Brown v. Brewer Court docket can be seen here:http://www.scribd.com/doc/75578171/News-Corp-AntiTrustSecurities-Fraud-Docket-RPT-12-8-11-California-Central-District The Motion of Summary Judgement, Motion for 60(b) Fraud upon the Court, &Motion for Intervention can be viewed at below link:http://www.scribd.com/doc/74858285/December-5-2011-Motion-Approval-96-Billion-Damage-Report-Consideration-on-60b4-Motion-VoidThe Rule 701 Damage Valuation Report can be viewed at below link:http://www.scribd.com/doc/74858285/December-5-2011-Motion-Approval-96-Billion-Damage-Report-Consideration-on-60b4-Motion-Void
About The New York Times Company
 
The New York Times Company (NYSE: NYT), a leading media company with2010 revenues of $2.4 billion, includes The New York Times, the InternationalHerald Tribune, The Boston Globe, 15 other daily newspapers and more than 50Web sites, including NYTimes.com, BostonGlobe.com, Boston.com andAbout.com.
About Brad Greenspan
Withover15yearsofrelatedexperience,BradGreenspanisasuccessfulInternetentrepreneurandinvestor.HeistheFounderofMySpaceandheisregardedasoneofthepioneersofthesocialnetworkingsector.Brad’sportfolioofstartupandearlystagecompanieshascoveredabroadrangeofsectorsincluding:BigFishGames
 
(gaming),BorbaCorporation(neutracuticals),FluidMusic(music),Draths(cleantechnology),BroadwebAsia,(Asianfocusedonlineentertainment),andLiveUniverse(onlineentertainment).

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