Legal Opinion

Shields v. Murdoch

District Court, S.D. New York

Decided September 18, 2012No. Nos. 11 Civ. 4917 (PGG), 11 Civ. 5073 (PGG), 11 Civ. 5556 (PGG)PublishedCited by 55 opinions

1Opinion of the Court

MEMORANDUM OPINION & ORDER

PAUL G. GARDEPHE, District Judge:

Gregory L. Shields, G.E. Stricklin, and Iron Workers Mid-South Pension Fund (“Iron Workers”) have filed shareholder derivative actions against a group of News Corporation directors and officers (collectively, the “News Corp. Defendants”) alleging, inter alia, violations of Section 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78n(a) (“Exchange Act”), breach of fiduciary duty, gross mismanagement, waste of corporate assets, and abuse of control.1 Plaintiffs allege that the News Corp. Defendants’ acts of telephone hacking…

2Cases cited35 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
  3. Caterpillar Inc. v. LewisSupreme Court of the United States · 1996
  4. Strawbridge v. CurtissSupreme Court of the United States · 1806
  5. County of Allegheny v. Frank Mashuda Co.Supreme Court of the United States · 1959

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3Cited by55 opinions

  1. John Cottrell v. Michael DukeCourt of Appeals for the Eighth Circuit · 2013
  2. Mazuma Holding Corp. v. BethkeDistrict Court, E.D. New York · 2014
  3. Dalzell Management Co. v. Bardonia Plaza, LLCDistrict Court, S.D. New York · 2013
  4. Phillips v. Citibank, N.A.District Court, S.D. New York · 2017
  5. Frydman v. VerschleiserDistrict Court, S.D. New York · 2016

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