Sinclair Shareholders Drop Suit Over Kerry Documentary

Feb 24, 2005  •  Post A Comment

Sinclair Broadcast Group said Thursday that a lawsuit is being dropped that was 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.

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 titled “Stolen Honor,” which critics claimed featured unfair 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.