{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-415558","form_type":"8-K","ticker":"FOXA","cik":"0001754301","company_name":"Fox Corp","filed_at":"2026-10-06T20:07:10+00:00","discovered_at":"2026-10-06T20:08:02.422963+00:00","generated_at":"2026-10-12T16:20:44.883999+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"FOX sued in Delaware Chancery over Roku merger proxy; supplements disclosure with $30M Morgan Stanley fee","bullets":["Delaware Chancery suit Andrew Thompson v. Fox Corporation (C.A. No. 2026-1131, filed Aug 28, 2026) alleges FOX directors breached fiduciary duty over proxy omissions in the Roku merger.","FOX denies the claims but is supplementing the joint proxy/prospectus; plaintiff seeks to enjoin the Oct 14, 2026 votes, rescission or rescissory damages, and attorneys' fees.","Supplement adds Morgan Stanley's fee: $30M aggregate advisory fee, $5M payable on the June 14, 2026 merger signing, $25M contingent on closing.","Morgan Stanley expects $43M-$50M more in fees for the Bridge Facility, Term Loan Facility and other permanent financing; it held 1.5%-2.5% of FOX Class A and 1%-2% of Roku as of Sept 4, 2026.","FOX agreed June 14, 2026 to acquire Roku via a two-step merger; the S-4 went effective Sept 1, 2026 and FOX and Roku stockholder votes are set for Oct 14, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-415558","json":"https://secwatch.observer/filing/0001193125-26-415558.json","markdown":"https://secwatch.observer/filing/0001193125-26-415558.md","text":"https://secwatch.observer/filing/0001193125-26-415558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1754301/000119312526415558/0001193125-26-415558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1754301/000119312526415558/d46542d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:20:44.883999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}