Rupert may be seeing quite a few lawsuits coming in the near future. Shareholders may be the least of his legal troubles. Many politicians have been afraid to take on Murdoch but if they are smart, they will get over those fears right about now. If the tables were turned, Murdoch would be going for the jugular.
A group of News Corp. shareholders have sued the media conglomerate over a phone-hacking scandal at its now-closed News of the World tabloid in London.
The lawsuit accuses News Corp. of large-scale governance failures surrounding the British hacking case. News of the World employees have been accused of hacking into the phone of a missing 13-year-old girl, who was later found murdered, as well as those of other crime victims.
