Live Blog: Murdoch Faces Parliament

NEW YORK ( TheStreet) -- Rupert Murdoch and company will face questioning by the U.K. Parliament Tuesday on News Corp.'s ( NWSA) involvement in the phone-hacking scandal.

Since the beginning of the month, the phone-hacking scandal has led to 10 arrests and the resignation of several of Murdoch's cronies, as well as two chiefs of the London police.

>Who's Who In News Corp. Hacking Scandal

News Corp. was thrown into the spotlight after reports surfaced that its now shuttered tabloid, News of the World, hacked the phone of a murdered 13-year-old girl, complicating the police investigation and leading her family to believe she was still alive.

Other victims of the phone-hacking scandal are believed to include politicians, celebrities and possibly even 9/11 terrorist victims.

The scandal has called into question the integrity and future of News Corp. Shares of the company have fallen more than 13% since July 4.

- Reported by Jeanine Poggi in New York.

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