[opendtv] News: Sinclair Shareholders Drop Suit Over Kerry Documentary

Via Shoptalk

Sinclair Shareholders Drop Suit Over Kerry Documentary
By Jay Sherman
http://www.tvweek.com

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.
 
 
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