Mealey's Securities/D&O Liability - Securities Class Action Lawsuit Against News Corp., Others Dismissed

Mealey's Securities/D&O Liability - Securities Class Action Lawsuit Against News Corp., Others Dismissed

NEW YORK - A federal judge in New York on March 31 granted several motions to dismiss filed by defendants in a securities class action lawsuit stemming from the News Corp. phone-hacking scandal in the United Kingdom, ruling that a pension fund has failed to plead personal jurisdiction over certain defendants and an actionable misrepresentation among others (Lewis Wilder, et al. v. News Corp., et al., No. 11-4947, S.D. N.Y.).

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