2-19-2012
The Birmingham Business Journal is reporting that Cumulus is now countersuing popular Birmingham sports talker Paul Finebaum, alleging he was conducting secret negotiations to move his show to a competing network as early as 2009 and that he shared confidential information about Citadel in the process. Finebaum filed suit against Citadel (which was purchased by Cumulus) alleging the company coerced him into signing an unfavorable amendment to his employment contract by threatening to pull his popular radio show from the air if he refused.
The paper also says the Finebaum suit also alleges breach of contract against Citadel over a recent bankruptcy and claims that company executives worked intentionally to suppress Finebaum?s pay.
Read the entire Business Journal article HERE
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