Fox Investor Litigation Spurs Law Firm Competition in Delaware

Lawyers fighting to take lead in shareholder litigation to hold Rupert Murdoch and other Fox Corp. senior leaders accountable for the fallout from false conspiracy theories broadcast about the 2020 election accused each other Thursday of showboating and pursuing flawed legal theories before a Delaware judge.

The pension funds suing Fox blame its top brass for leaving the conservative news network open to potentially billions of dollars in liability in defamation lawsuits, including a $787.5 million defamation settlement with Dominion Voting Systems Inc. While any damages awarded after a trial or in a settlement in Delaware’s Court of Chancery would ...