Nexstar Sued Over Alleged Sabotage of Minority-Owned TV Stations

Nexstar Media Group Inc. sold some television stations to a small, minority owned business and then tried to sabotage the operations so it could cheaply regain control, according to a New York lawsuit.

Nexstar Broadcasting Inc. sold the stations in Iowa, Louisiana and Texas to Marshall Broadcasting Group Inc. in order to win approval from the Federal Communications Commission for the purchase of other media assets, according to the lawsuit. Nexstar announced in June 2014 that it agreed to sell the three stations to Marshall for $58.5 million.

Nexstar knew the FCC “would look favorably on a sale to a ...