Al Gore sues Al Jazeera for fraud after $500 million acquisition deal

August 15, 2014 5:58 PM

21 0

Al Gore sues Al Jazeera for fraud after $500 million acquisition deal

The lawsuit claims that the satellite news network owes shareholders of Current TV 'tens of millions' dollars per an agreement that was included in the buy.

Al Gore and Joel Hyatt, co-founders of Current TV, filed a lawsuit against Al Jazeera claiming the news channel is withholding “tens of millions of dollars” that is past due to Current TV's shareholders, after the sattelite news network bought Current TV for $500 million last year.

Also read: Brazil plea-bargain testimony says President Michel Temer took $4.6 million in bribes

Read more

To category page

Loading...