Gemstar Exec Loses Bid To Revive Stock Fraud Suit

Law360, New York (September 10, 2010, 5:56 PM EDT) -- The former president of TV Guide Channel has lost her appeal of a district court decision that ruled her ineligible to sue Gemstar-TV Guide Inc. for fraud because of a separation agreement she signed upon leaving the company.

The U.S. Court of Appeals for the Tenth Circuit Court ruled Wednesday that the separation agreement "unambiguously bars" the claims brought by Pamela L. McKissick, former president and chief operating officer of TV Guide Channel. She had originally sued for fraud in the U.S. District Court for the...
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