Tribune Sued by Shareholders

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By: E&P Staff

Yesterday the Tribune Co. learned that a shareholder lawsuit had been filed against the company and its board of directors in relation to the circulation scandals at Newsday and Hoy in New York.

According to Newsday, the suit was filed in mid-October in Chicago’s Cook County Superior Court. The only plaintiff named is David Jaroslawicz, a New York-based lawyer.

“Tribune will seek to dismiss the lawsuit,” said Gary Weitman, Tribune spokesman.

Belo, another company that admitted to circulation misstatements, is also dealing with shareholders who filed a class action lawsuit against the company.

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