A story in today's online edition of the UK newspaper The Guardian reported that certain News Corporation shareholders intend to file a lawsuit against the firm's board of directors "for failing to stop the phone hacking scandal."
The plaintiffs, including certain labor union organizations, allege that the Murdoch family put the clan's interests ahead of shareholders. The Delaware lawsuit, the
Guardian story noted, began in 2011; its original object was to halt News Corp.'s proposed acquisition of Rupert Murdoch's daughter's television production venture. The UK phone hacking scandal developed into a far juicier target for the left-wing opposition, even though its prospects for success appear to be remote.
What's interesting is that the story did not appear, at least with any reasonable prominence, in any major American media outlet today.
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