CBS Radio and Howard Stern have agreed to a settlement in the breach of contract suit brought against the radio personality in February. However, E! Online reports that neither side has signed the agreement yet.
A New York court clerk revealed that a settlement had been reached after attorneys for both Stern and CBS called his office on Wednesday. A hearing in the case scheduled for that afternoon was cancelled by the judge.
Stern left CBS in December to become an on-air host with Sirius Satellite Radio. After the departure, CBS sued Stern for more than $200 million US. The complaints listed in the suit included breach of contract, fraud, unjust enrichment, misappropriation of radio time, unfair competition and interference with Stern’s CBS contract.
