Howard Stern sues Sirius

[miked5551]

I just read on TMZ that Howard is suing Sirius over stock options. Should be interesting.

 

[Ultimajock]

...GO GET 'EM HOWARD! (and backhand Dave Gorab while you're at it)...

 

[DToTheJ]

I just read on TMZ that Howard is suing Sirius over stock options...

Specifically, "failing to pay stock awards they say are due for helping it exceed its subscriber growth targets and go from a distant second to the dominant satellite radio service in the country."

http://www.theday.com/article/20110322/ENT15/110329841/1044

Buchwald and Stern were told last year by Sirius XM's general counsel, Richard Basch, that the bonus stock awards were not granted because the company did not include XM's subscriber base toward the total number of Sirius subscribers.

Say, because of this lawsuit, what are the odds you turn on Howard 100 in the morning and find Opie & Anthony on instead?

 

[TheBigA]

Hilarious...Howard is basically taking credit for the merger with XM. He should get paid because he merged with XM.

So if Sirius isn't the #2 satellite radio service any more, who is?

 

[Ultimajock]

Hilarious...Howard is basically taking credit for the merger with XM. He should get paid because he merged with XM.

So if Sirius isn't the #2 satellite radio service any more, who is?

...XM is, if you consider that, in the merger, it was Sirius that became the dominant entity in the new unit...

 

[DToTheJ]

(Duplicate post)

 

[DToTheJ]

Hilarious...Howard is basically taking credit for the merger with XM. He should get paid because he merged with XM...

"Hoo hoo, I invented suing for unpaid money, despite being paid $100 million a year, tell 'em, Fred."

 

[CTListener]

What are the odds that Howard and his lawyer had this in mind all along, deliberately settling for less in the contract negotiations because they knew they could make up the difference -- and more -- when they took Sirius XM to court with these claims later?