Link over for more current lawsuit info:
http://siriusbuzz.com/forum/showthread.php?4988-Stern-Lawsuit-Filing&p=67815#post67815
Type: Posts; User: Sirius Roadkill
Link over for more current lawsuit info:
http://siriusbuzz.com/forum/showthread.php?4988-Stern-Lawsuit-Filing&p=67815#post67815
http://www.cnbc.com/id/42219862
The suit claims that Stern's signing helped Sirius exceed its subscriber targets by at least 2 million subscribers in each year of the contract, triggering a new stock award each time. It also said...
Stern alleges the subscriber estimates on which his stock bonuses were to be based ranged from 3.7 million in 2006 to 12.1 million in 2010. According to Stern, he actually blew those estimates out...
"If not for the dramatic success that Stern had brought Sirius, Sirius would not have been in a position to acquire its rival and the merger would not have occurred," the suit says.
Howard Stern is going after his bosses again, accusing SiriusXM of treating the King of All Media like a peon.
Stern's production company, One Twelve Inc., and his agent, Don Buchwald, Tuesday...
LOS ANGELES (AP) — Howard Stern and his agent are suing Sirius XM Radio for failing to pay stock awards they say are due for helping it exceed its subscriber growth targets and go from a distant...
Radio "shock jock" Howard Stern and his agent are suing Sirius XM Radio Inc. alleging that his client was promised performance-based stock awards the satellite radio company refused to pay.
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