Dan Rather vs. CBS
Dan would Rather sue Viacom and CBS, but the court says no!
Yesterday, a New York City judge dismissed Viacom from Dan Rather’s $70 million lawsuit, while permitting the case to proceed against CBS on a limited basis. Specifically, the judge dismissed the fraud claim against CBS, while permitting Rather to proceed against the network for allegedly breaching its contract and fiduciary duty when it fired him.
Popsquire’s perspective…
Although the judge did not dismiss the entire case, this represents a decent victory for CBS. A fraud claim potentially provides punitive damages, while a breach of contract claim typically does not. The likely provides CBS much more leverage in any settlement negotiation with Rather.