Al Gore Sues Al Jazeera for Fraud
Claims that Al Jazeera has unlawfully refused to turn over tens of millions of dollars.
Former Vice President Al Gore and business partner Joel Hyatt have filed a lawsuit against Al Jazeera on charges of fraud and material breaches in their acquisition of Current Media, POLITICO has learned.
Gore and Hyatt, the co-founders of Current Media, say that Al Jazeera has unlawfully refused to turn over tens of millions of dollars currently located in an escrow account. That money is owed to Current Media shareholders per the terms of the $500-million merger agreement made in January 2013, the plaintiffs say.
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So maybe Al Jazeera found out how much the brand was worth?
I will be sure to cry a special tear for Al Gore.