---
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"
generated_at: "2026-10-12T16:20:44.883999+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# FOX sued in Delaware Chancery over Roku merger proxy; supplements disclosure with $30M Morgan Stanley fee

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-415558
- JSON: https://secwatch.observer/filing/0001193125-26-415558.json
- Plain text: https://secwatch.observer/filing/0001193125-26-415558.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.