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.
Sinclair Shareholders Drop Suit Over Kerry Documentary
Feb 24, 2005 • Post A Comment