A New York state appeals court declined to revive a $330 million lawsuit brought by disc jockey Howard Stern against satellite radio broadcaster Sirius XM Radio Inc for refusing to pay him stock awards he said he was due.
In a one-paragraph decision, the court on Thursday affirmed a trial judge's ruling last year that threw out Stern's lawsuit, finding that the 2004 deal that brought him from traditional radio to Sirius was "unambiguous."