TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Twenty-First Century Fox, Inc. (NASDAQ: FOX) Investor Lawsuit Filed Against Acquisition

  • Investors who purchased shares of Twenty-First Century Fox, Inc. (NASDAQ: FOX) may have certain options. Please contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Case Dismissed
Company
Twenty-First Century Fox Inc
Security
NASDAQ: FOX

Case Name
Twenty-First Century Fox Deal Case
Type of Lawsuit
Mergers and Acquisition
Court of Filing
U.S. District Court for the District of Delaware

Class Period Begin
Class Period End
You must register or login to receive notifications.

Click here to subscribe to Twenty-First Century Fox Inc.
Summary

October 16, 2018 - The case was voluntarily dismissed.
July 6, 2018 - An investor, who currently hold shares of Twenty-First Century Fox, Inc. (NASDAQ: FOX), filed a lawsuit to halt the takeover of Twenty-First Century Fox, Inc.

On June 20, 2018, Twenty-First Century Fox, Inc. (NASDAQ: FOXA, FOX) announced that it has entered into an amended and restated merger agreement with The Walt Disney Company (NYSE: DIS) pursuant to which The Walt Disney Company has agreed to acquire for a price of $38 per Twenty-First Century Fox, Inc. (NASDAQ: FOX share the same businesses The Walt Disney Company agreed to acquire under the previously announced merger agreement between Twenty-First Century Fox, Inc. (NASDAQ: FOX) and The Walt Disney Company (the “Disney Merger Agreement”). This price represents a significant increase over the purchase price of approximately $28 per share included in the Disney Merger Agreement when it was announced in December 2017.

However, the plaintiff alleges that the deal “omits or misrepresents material information.”

Twenty-First Century Fox, Inc. reported that its Total Revenue rose from over $27.32 billion for the 12 months period that ended on June 30, 2016 to $28.5 billion for the 12 months period that ended on June 30, 2017, and that its Net Income over those time periods increased from $2.75 billion to $29.5 billion.