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====Insider trading scandal==== Upon investigating suspicious share price movements in the run-up to the announcement, the [[United States Securities and Exchange Commission]] alleged that board member [[Sir David Li]], one of [[Hong Kong]]'s most prominent businessmen, had informed his close friend and business associate Michael Leung of the impending offer. Leung acted on this information by telling his daughter and son-in-law, who reaped a US$8.2 million profit from an [[insider trading]] transaction.<ref name=secactions>{{cite web |title=The News Corp-Dow Jones Insider Trading Case: A Significant Settlement |first=Thomas O. |last=Gorman |date=2008-02-06 |website=secactions.com |publisher=[[Dorsey & Whitney LLP]] |url=https://www.secactions.com/the-news-corp-dow-jones-insider-trading-case-a-significant-settlement/ |access-date=2024-07-14 |archive-url=https://web.archive.org/web/20240225020629/https://www.secactions.com/the-news-corp-dow-jones-insider-trading-case-a-significant-settlement/ |archive-date=2024-02-25 |url-status=live}}</ref>
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