Howard Stern’s Suit Against Sirius XM Over Pay Is Dismissed
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Howard Stern’s lawsuit against Sirius XM Radio Inc., in which the radio personality sought to recover $300 million in unpaid stock awards that he claimed he was owed, was dismissed by a New York judge.
Justice Barbara Kapnick of state Supreme Court rejected arguments by Stern’s production company that subscribers to XM Satellite Radio, which merged with Sirius, should be counted when calculating performance-based compensation.