by Adam Kredo
Washington Free Beacon
The shareholder suit would allege that the Times’s board is failing in its oversight duties by failing to enforce basic editorial standards in the publisher’s journalism
A growing coalition of law firms representing a New York Times Company shareholder is demanding the publisher turn over its “books and records” for an investigation “into whether the company’s board has abdicated its basic oversight duties” following a string of controversial Times reports that sought to discredit Israel or support anti-Israel Democratic politicians such as Graham Platner, according to a demand letter obtained exclusively by the Washington Free Beacon.
If the Times does not produce the materials by July 21, a lawsuit will be filed in the New York County Supreme Court, according to a letter sent Tuesday by a coalition of lawyers representing the National Center for Public Policy Research (NCPPR), a nonpartisan think-tank and beneficial Times shareholder. It is the second time that lawyers from the National Jewish Advocacy Center (NJAC)—and now several other firms who recently joined the effort—have demanded access to the news organization’s internal data and communications, accusing it of rampant anti-Israel bias and advocacy on behalf of prominent anti-Israel Democratic politicians like Platner—who withdrew in disgrace last week from Maine’s Senate race—as well as New York City mayor Zohran Mamdani.
The stockholders, the letter says, aim “to investigate whether the [Times] Board is engaging in any form of oversight to ensure that the New York Times remains a news reporting agency worth anything to its stockholders, rather than becoming viewed by the public as a simple propaganda arm that selects its articles and reporting in a way that ignores truth in favor of pushing false narratives.”…
“Extraordinary claims require extraordinary fact-checking,” said Steve Milloy, director of shareholder NCPPR’s Free Enterprise Project. “The Times did the former but not the latter. This puts the company and investors at unnecessary risk.”
