I mean, any competent lawyer suing Fidelity for misrepresenting the "Blue-Chip-ness" of the fund's holdings is going to list holdings like that as well. Twitte

I mean, any competent lawyer suing Fidelity for misrepresenting the "Blue-Chip-ness" of the fund's holdings is going to list holdings like that as well. Twitter is just the holding that's most likely to get noticed, not because it's the least "Blue Chip" of the holdings, but because it's the most likely to cause (arguably justified) moral outrage. The morality has little bearing on the justification for the case, but it might have a big impact on whether people are likely to pursue the case in the first place.