ournal ▁Cor p . ▁( N J C ) ▁in ▁U . S . ▁Federal ▁Court , ▁alleg ing ▁they ▁" act ed ▁ir respons ibly ▁in ▁sp ending ▁corpor ate ▁funds ". ▁C ox ▁alleg ed ▁that ▁the ▁David son ▁family ▁spent ▁the ▁newspaper ' s ▁money ▁without ▁consult ing ▁with ▁them . ▁ ▁Court ▁documents ▁reve al ▁that ▁in ▁the ▁five - year ▁period ▁prior ▁to ▁the ▁fil ing ▁of ▁C ox ' s ▁compla int , ▁at ▁least ▁ 5 8 ▁employees ▁of ▁David son ' s ▁arts ▁and ▁entertain ment ▁vent ures ▁were ▁on ▁the ▁News - J ournal ▁Cor p . ▁pay roll , ▁un be known st ▁to ▁N J C ' s ▁sole ▁minor ity ▁share holder . ▁Despite ▁the ▁fact ▁that ▁these ▁employees ▁did ▁no ▁work ▁for ▁N J C , ▁the ▁corpor ation ▁provided ▁them ▁with ▁full ▁sal aries ▁and ▁benefits , ▁at ▁a ▁cost ▁to ▁the ▁company ▁of ▁at ▁least ▁$ 5 . 7 ▁million . ▁The ▁trial ▁court ▁found ▁that ▁tens ▁of ▁millions ▁of ▁dollars ▁were ▁di vert ed ▁to ▁David son ▁family ▁projects ▁to ▁" ind ul ge ▁[ the ▁David s ons '] ▁personal ▁interests ▁in ▁the ▁arts ". ▁ ▁After ▁failing ▁to ▁have ▁the ▁suit ▁dismiss ed , ▁the ▁News - J ournal ▁Cor p . ▁decided ▁to ▁exercise ▁its ▁option ▁to ▁buy ▁out ▁the ▁minor ity ▁shares . ▁In ▁ 2 0 0 6 , ▁the ▁federal ▁court ▁set ▁a ▁valu ation ▁of ▁$ 1 2 9 .