NAB Pushes Accusations Against GBS' Devine
A GeoBroadcast Solutions letter in September dismissing allegations against GBS founder-CEO Chris Devine was “blatantly inaccurate," said an ex parte letter posted Friday by Luke Allen, who sued Devine in 2009 over $70 million transferred by Allen’s father, Robert Allen,…
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to a company run by Devine. Luke Allen’s letter was being circulated in a press email Friday from NAB, a vocal opponent of the geotargeted radio proposal supported by GBS (see 2209230070). Though the September letter from GBS in docket 20-401 (see 2209270064) argued the case was “baseless” and was withdrawn by the plaintiff, Luke Allen said the case was resolved through a settlement agreement. Allen’s father was “in declining health and suffering from diminished mental capacity” when Devine convinced him to make a series of loans to Superior Broadcasting, of which Devine was president, so Superior could buy radio stations. “Contrary to what Devine told my father, Superior never purchased or owned a single radio station,” Friday’s letter said. The money was instead diverted to Devine’s own radio and marathon-running businesses, Allen said. “In reality, Superior was nothing more than a shell company. It owned no assets and had no collections or operating revenue,” the letter said. “I would urge the FCC to fully research and independently verify any assertions or representations made by Devine or his company before approving any proposal in this proceeding,” Allen said. GBS didn’t comment.