Shortly after winning U.S. antitrust approval, a Fox shareholder has filed a lawsuit to stop the acquisition of 21st Century Fox’s studio assets to Disney.
According to THR, Robert Weiss, who is leading other Fox shareholders, filed his complaint on Friday in Delaware in regards to what was filed with the Securities and Exchange Commission about the deal.
The lawsuit alleges that a proxy statement that was filed on June 28 omits or misrepresents the company’s financial projections and any fundamental data valuation analyses from Goldman Sachs and Centerview Partners. The complaint also mentions concern over lack of disclosure relating to any potential conflicts of interest with Goldman Sachs.
Source: IGN.com Fox Shareholder Sues to Terminate Disney Acquisition