4-26-2012
Bloomberg reports that Howard Stern isn't quite ready to let his lawsuit against the company he works for die. Stern appealed a judge?s dismissal of a lawsuit against Sirius XM Radio Inc. over unpaid stock awards. Stern sued Sirius XM claiming the company did not pay him $300 million in stock awards he says they owed him. The suit was tossed April 16th.
Bloomberg says the Stern side contends that the court ?misinterpreted the parties? contract and granted summary judgment before there was any discovery taken in the action. Reversal is warranted because, among other things, the parties? contract is clear on its face that plaintiffs are entitled to the relief they seek or is, at a minimum, ambiguous.?
Add a Comment Send This Story To A Friend
