It maay or may not be a frivolous lawsuit, but shareholder class actions are two-a-penny in the US and only a fraction of them go anywhere in terms of serious damages/settlements. And this is clearly sticking an unrelated cause of action on to the original claim - not sure how the judge will feel about that. Plus, given that News Corp's share price has performed pretty well in the last couple of years despite everything, it's going to be hard for the shareholders to prove damages.
Detective chief inspector April Casburn, 53, is accused of offering to the now-closed Sunday tabloid information about Operation Varec, the investigation into whether the Metropolitan police inquiry into phone hacking should be reopened.
The Official Secrets Act charge could be revealed for the first time on Monday after a Westminster magistrates court judge lifted reporting restrictions following representation from several media groups. The Guardian, BBC and the Times challenged the order, which was made under Contempt of Court Act.
Casburn appeared before district judge Quentin Purdy at Westminster magistrates court to face charges of breaching the Official Secrets Act and of misconduct in public office.
She has also been charged with misconduct in public office after the Crown Prosecution Service examined a file sent to them by officers working on Scotland Yard's Operation Elveden investigating alleged inappropriate payments by journalists to police and other public servants
A Chief Inspector- sounds important. She's actually even more important than that sounds:
Casburn is the former head of the National Terrorist Financial Investigation Unit which supports some of the most sensitive police inquiries.