Tags: stern | lawsuit | dismissed

Howard Stern’s Suit Against Sirius XM Tossed

Tuesday, 17 Apr 2012 12:13 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Howard Stern’s lawsuit against Sirius XM Radio Inc., in which the radio personality sought to recover unpaid stock awards that he claimed he was owed, was dismissed by a New York judge.

Justice Barbara Kapnick of state Supreme Court rejected arguments by Stern’s production company that subscribers to XM Satellite Radio, which merged with Sirius, should be counted when calculating performance-based compensation.

“The plain language of the agreement is inconsistent with any reading that the parties intended subscribers acquired by merger with XM to be considered,” Kapnick wrote in an order dated yesterday.

One Twelve Inc., Stern’s production company, and his agent, Don Buchwald, sued Sirius XM Radio last year, claiming the company refused to pay stock awards owed under an agreement that brought Stern to Sirius.

An attorney for One Twelve, Seth Rothman, didn’t immediately respond to a phone message seeking comment.

The case is One Twelve Inc. v. Sirius XM Radio Inc., 650762-2011, New York State Supreme Court (Manhattan).


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Lawyers: Dallas Hospital Not at Serious Risk Over Ebola Death

Wednesday, 22 Oct 2014 23:27 PM

If they decided to seek more than an apology from Texas Health Presbyterian Hospital, the family of Thomas Eric Duncan,  . . .

Nancy Snyderman, NBC Crew Freed From Ebola Quarantine

Wednesday, 22 Oct 2014 19:47 PM

NBC News' chief medical editor, Dr. Nancy Snyderman, and the rest of her crew have been released from their 21-day Ebola . . .

Report: Secret Service Blasted Again for Improper Behavior

Wednesday, 22 Oct 2014 18:51 PM

The Secret Service is in trouble again, this time over a report that agents improperly became involved in a domestic has . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved