L.M.A.O My Side Hurt So Bad For Laughting,So Hard! Guess Who Al Gore Is Suing? Drum Roll Please! He suing Al Jazeera America?

One of Al Gore's biggest scores over the past 10 years came from Current TV, which was purchased by Al Jazeera in January of 2013 for a reported $400 million. The network, which was founded by Gore and Joel Hyatt in 2002, officially launched in August of 2005 and was sold roughly 7 1/2 years later. 

Al Gore owned a 20% stake in the network and reportedly walked away with $70 million once outstanding debt had been paid off. 

Another major contributor to Al Gore's meteoric net worth increase over the past 13 years - his ties to Apple and Google. 


LOS ANGELES (AP) — Former Vice President Al Gore is suing Al Jazeera America, saying the news network is withholding tens of millions of dollars that it owes for buying Current TV from him and other shareholders for $500 million last year.
David Boies, Gore’s attorney, said in a statement that Al Jazeera America “wants to give itself a discount on the purchase price that was agreed to nearly two years ago.” He said the suit was filed in Delaware Court of Chancery on Friday.
Al Jazeera America didn’t immediately respond to a request for comment.
The Qatar-owned news channel took over Current TV’s signal last August and hired a slew of U.S. TV news veterans like Soledad O’Brien and John Seigenthaler. It is available in nearly 60 million U.S. homes.
Gore and co-founder and former Current TV CEO Joel Hyatt each had 20 percent stakes in Current, while Comcast Corp. had less than a 10 percent stake. Another major investor in Current TV was supermarket magnate and entertainment industry investor Ron Burkle.
http://www.theblaze.com/stories/2014/08/15/guess-who-al-gore-is-suing/

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