Skip to comments.Sinclair Shareholders Drop Suit Over Kerry Documentary
Posted on 02/25/2005 7:03:52 AM PST by SoFloFreeper
Sinclair Broadcast Group said Thursday that a lawsuit brought against it by shareholders last year amid controversy over the broadcast group's planned airing of a program some accused of being critical of former presidential candidate John Kerry is being dropped.
The company said the dismissal was filed voluntarily Wednesday after the Baltimore-based company filed a motion that noted that none of the claims made in the original lawsuit had come to pass.
The lawsuit was filed last fall after Sinclair announced it planned to run a program entitled "Stolen Honor," which critics claimed featured unflattering portrayals of Mr. Kerry. A controversy ensued that led Sinclair's stock price to tumble and prompted several shareholders to claim that Sinclair was hurting their investment by getting mired in the hotly contested race.
Yeah, Mission Accomplished for those Against Truth.
I really feel for Sinclair in this, but what's done is done. Maybe next time they'll go forward and do the right thing instead of crumbling in the face of dems crying foul and shareholders crying over lost dollars.
And lovey's lawyers will give them a second drubbing if they dare to be insolent with me!