Word: sues
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...preferred stock, and offered General Cinema one of its "crown jewels": the profitable Waldenbooks chain. Another part of the firm's strategy, buying back its own shares of common stock, raised the ire of the Securities and Exchange Commission. The SEC announced last week that it would sue Carter Hawley Hale for violating securities laws...
...defending the right of free expression in published criticism, the court reassured journalists and lawyers who feared that the Justices might undermine their 1964 ruling in New York Times vs. Sullivan. That decision established that to sue journalists for libel, public officials-later extended to public figures-must prove "actual malice," meaning that statements were made with the knowledge that they were false, or with reckless disregard for the truth. Said Rochester, N.Y., Libel Attorney John McCrory: "We were all terribly worried that the court was ready to repudiate Sullivan by abandoning it as a standard, or eroding it." That...
...five all-league elections and senior Sue Newell appeared at Bright Athletic Center last month in the Third Annual Women's Hockey Coaches Association. All-Star Game, their college hockey finale...
...National News Council to investigate and judge specific complaints about news coverage. Objections arose: editors feared that unfavorable verdicts might provoke libel suits; broadcasters did not want any prejudging of matters that might come before the Federal Communications Commission. So anyone filing a complaint had to agree not to sue for libel or take his case to the FCC later. If the council censured a newspaper, that paper did not have to print the findings. The watchdog could bark but was not allowed to bite...
Mostly the council attracted complaints from those not satisfied by a letter to the editor but unwilling or unable to sue. Some came from media harpies who make a living harassing the press. Complaints often seemed self-serving or trivial. Editors begrudged the time they spent being meticulously cross-examined by council investigators about stories. A jury of prominent laymen and experienced journalists then ruled on each case, and in one-third of them found the complaints at least partly justified...