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PRAGER v. AMERICAN BROADCASTING COS., INC.

Civ. A. No. 82-4270.

569 F.Supp. 1229 (1983)

Martin S. PRAGER, Plaintiff, v. AMERICAN BROADCASTING COS., INC., Robert Blanchard, a/k/a Bob Blanchard and Ernest Anastos, Defendants.

United States District Court, D. New Jersey.

July 25, 1983.

Attorney(s) appearing for the Case

Kushner & Riley by Howard W. Kushner, Freehold, N.J., for plaintiff.

Connell, Foley & Geiser, Newark, N.J., Hawkins, Delafield & Wood, New York City, for defendants; Kevin R. Gardner, Newark, N.J., Laura V. Jones, New York City, of counsel.

OPINION

BIUNNO, Senior District Judge:

This suit is grounded on two TV news broadcasts, one on Friday, March 26, 1982, and the other on Monday, March 29, 1982.

The major subject dealt with was a marketing program of International Diamond Corporation to sell diamonds for investment as an inflation hedge.

The discovery indicates that the marketing was done through independent contractor brokers making sales on a commission basis with the payments...

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