Besides the potentially fiery annual general meeting, News Corp. is preparing to defend itself against class-action lawsuits for damages incurred by shareholders after the company's stocks plunged following the hacking scandal. The company takes "very seriously" the financial risks linked to the litigation, but "our broad, diverse group of businesses across the globe is extremely strong today," the firm said in a Securities and Exchange Commission filing this week. Unsurprisingly, the company's leaders showed no signs of wanting to change the status quo, vaunting to the regulator "the value created for stockholders by News Corporation's board of directors, members of management and employees around the world."