Stern stiffed on suit
A New York state appeals court declined to revive a $330 million lawsuit brought by disc jockey Howard Stern against satellite radio broadcaster Sirius XM Radio for refusing to pay him stock awards he said he was due.
The court yesterday affirmed a trial judge’s ruling last year that threw out Stern’s lawsuit, finding that the 2004 deal that brought him from traditional radio to Sirius was “unambiguous.” Stern’s agent, Don Buchwald, did not immediately respond to requests for comment.
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