Fox Corp. said Nicholas Trutanich, a former US attorney for Nevada, will become the company’s new chief ethics and compliance officer.
According to the company’s new General Counsel, Mr. Trutanich’s expertise in regulating games of chance was a reason for the appointment. Fox is one of several broadcasters who drove the sports game business.
In 2019, the company agreed to buy 4.99% of the online sports betting company Stars Group for $ 236 million.
“Nick is a seasoned litigation attorney, proven leader and advisor with impeccable integrity,” said Jeff Taylor, Fox General Counsel, in a statement. “He is an ideal fit for our already strong team and his game regulation expertise will be invaluable as FOX continues its sports betting endeavors.”
Fox said Monday that Mr. Taylor, who joined the company as Chief Litigation Counsel in 2019, had been promoted to General Counsel in addition to Mr. Trutanich’s appointment.
Subscribe to Newsletter
Risk and Compliance Journal
Our Morning Risk Report provides insights and news on governance, risk and compliance.
Mr. Trutanich, who resigned as a U.S. attorney in Nevada in February, is expected to provide ethical advice, oversee compliance training and investigations, and act as Fox’s point of contact with law enforcement and regulators, Fox said. Fox Corp. and Wall Street Journal’s parent company News Corp share common ownership.
A Fox spokeswoman declined to comment on his appointment.
Fox has faced a number of high-profile legal challenges over the past several years.
The company’s Fox News division has received regulatory inquiries based on allegations of sexual harassment and discrimination, according to a securities disclosure. Fox said in the filing that it has resolved many of the harassment and discrimination claims and is challenging other claims in litigation.
It was also approved by voting machine firm Smartmatic USA Corp. in February. sued for making defamatory on-air comments on its products after the 2020 presidential election. “We are proud of our 2020 election coverage and will vigorously defend this unsubstantiated lawsuit in court,” the network said in a February statement on behalf of Fox News and the Fox hosts named in the complaint.
Last year, two former Fox Sports executives were accused of participating in an alleged program to pay millions in bribes to FIFA World Football Association officials in exchange for broadcast rights. You have not pleaded guilty to the charges. A Fox Sports representative at the time declined to comment on the charges. The company was not charged with any misconduct related to the FIFA investigation.
Mr. Trutanich served in the Nevada attorney general’s office before he was appointed chief law enforcement officer of the federal government in Nevada by former President Donald Trump.
At the beginning of his career, Mr. Trutanich was also assistant chief for violence and organized crime at the US law firm in Los Angeles.
Mr. Trutanich will report to Mr. Taylor. Mr. Taylor, who in his new role will oversee the company’s legal function, will continue to report to chief legal and policy officer Viet D. Dinh, the company said.
Write to Dylan Tokar at [email protected]
Copyright © 2020 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8