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Wednesday, dec 11
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Wednesday, dec 11
Tag:
Altice USA
Business
Settlement Of Dolan Family's Lawsuit Against Altice Keeps News 12 Staffing At Current Level
At the 11th hour, the Dolan family, the former owners of Cablevision before it was sold to Altice USA, reached a settlement in a lawsuit regarding layoffs and staffing at News 12 with the new parent company for the 24-hour hyperlocal news network. News 12 will employ at least 371 full-time employees through February 2023 under the agreement, ending a yearlong dispute by the Dolans, who sought a minimum of 462. Altice acquired News 12 when it took over Cablevision three years ago. The lawsuit alleged that Altice had not operated the news company in compliance with the agreement of the deal. …
Business
Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit'
Altice USA issued a detailed response to Thursday's story by Daily Voice about a lawsuit filed this week by the Dolan Family and a longtime News 12 anchor to prevent Altice from laying off more workers at News 12. Janet Meahan, senior director of communications for Altice USA, said: “This lawsuit is without merit and paints an extremely inaccurate representation of our business. It is also surprising that the Dolan family would now challenge the strategic and organizational decisions that Patrick Dolan led during his 2 1/2 years with the company as President of News 12. "Altice USA co…
Business
Dolan Family, Longtime News 12 Anchor Sue New Owner Altice Over Layoffs
This story has been updated. A lawsuit and request to permanently enjoin Altice USA from laying off more television workers at News 12 was filed this week. The lawsuit alleges that Altice ignored commitments made during its $17.7 billion acquisition of Cablevision Systems Corp. The merger closed in June 2016. The suit was filed in Delaware by the Dolan Family alleging Altice failed keep promises detailed in a 2016 Merger Agreement and for equitable fraud, among other claims. Plaintiffs in the lawsuit include: Charles Dolan, founder and former CEO of Cablevision; Helen Dolan; James Dolan, …
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