We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Redstone Welcomes Court Ruling In Family Feud

Law360 (November 11, 2008, 12:00 AM EST) -- A Massachusetts court has handed a partial victory to media mogul Sumner Redstone and his movie theater chain, National Amusements Inc., in a multibillion-dollar family feud alleging stock fraud dating back decades.

In a ruling hailed as a huge win by Redstone's attorneys, the state’s Supreme Judicial Court upheld a lower court decision to toss the majority of claims brought by Redstone’s nephew, Michael Redstone, stemming from the 1984 buyout by the mogul of National Amusement shares held in a family trust established by Redstone’s father....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.