ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

DJ Dow Jones & CO

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Dow Jones & CO NYSE:DJ NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

UPDATE: US Senators Seek Investigations Into Alleged News Corp Hacking

13/07/2011 7:51pm

Dow Jones News


Dow Jones (NYSE:DJ)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Dow Jones Charts.

WASHINGTON (Dow Jones)--Two U.S. Senators are calling for probes into a News Corp. (NWS, NWSA) phone-hacking scandal, with one suggesting that alleged violations may have occurred in the U.S. and go beyond reporting tactics at one of its British newspapers.

On Wednesday, Sen. Frank Lautenberg (D., N.J.) asked the U.S. Justice Department and the U.S. Securities and Exchange Commission to investigate whether anyone at the company violated anti-bribery laws amid allegations that reporters paid law-enforcement officials for information. A day earlier, Senate Commerce Committee Chairman Jay Rockefeller (D., W. Va.) asked U.S. authorities to investigate whether American phones were hacked, saying he was concerned that hacking may have extended to victims of the Sept. 11 terrorist attacks or other Americans.

"This is going to be a huge issue," Rockefeller told reporters on Wednesday as he left a vote on the Senate floor. He said that he may hold hearings in his committee, although jurisdiction would extend to the Senate Judiciary Committee in the event that a probe focused on criminal activity. "My bet" is "we'll find some criminal stuff," he told reporters, specifying he meant related to hacking in the U.S. He declined to elaborate.

A News Corp. spokesman declined to comment. News Corp. owns Dow Jones & Co., publisher of Dow Jones Newswires and The Wall Street Journal.

Separately, Lautenberg raised questions about possible violations of the U.S. Foreign Corrupt Practices Act, an anti-bribery law that U.S. authorities have enforced with vigor in recent years.

"I am writing to express my deep concerns regarding allegations that News Corporation and its subsidiaries bribed foreign law enforcement officials for information to advance their business interests," Lautenberg wrote to the SEC and the Justice Department. He said that the law forbids bribery of foreign government officials, and may "apply to all company employees regardless of their nationality or where they reside or do business."

A Justice Department spokeswoman said the agency would review the letter and declined further comment. An SEC spokesman declined to comment. He said he wasn't aware of any earlier cases in which the SEC had had brought charges against a news company involving payments for information.

On Tuesday, Federal Communications Commission Chairman Julius Genchowski said that he didn't expect the agency to get involved in the ongoing probe in the U.K. He said that the FCC's mass-media bureau would "do its job if issues arise."

-By Siobhan Hughes, Dow Jones Newswires; (202) 862-6654; siobhan.hughes@dowjones.com

--Brent Kendall contributed to this report.

1 Year Dow Jones Chart

1 Year Dow Jones Chart

1 Month Dow Jones Chart

1 Month Dow Jones Chart

Your Recent History

Delayed Upgrade Clock